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EUR/USD Daily Technical Reports

Spot Price: 1.3805
Technical Analysis:
Foot race underway between the vastly overbought daily uptrend and the rising Parabolic pivot point, today at 1.3780 and just below the 10-day MA at 1.3785. Deferring to the dominant uptrend but need a bounce out of the 1.3780-85 support or a sustained breakout beyond the double-day trend highs near 1.3845 to get long. 1.3895 holding so far.














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