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Forex Opinion & Analysis

EUR/USD in a Broadening Formation as Markets Seem Confused

 

EUR/USD
+0.53%

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Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

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EUR/USD’s megaphone formation shows how confused these markets are. A critical cluster of support around the 1.05 area.

EUR/USD 5-Hr Chart

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