Forex EUR/USD Daily Video, August 13, 2024

Sive Morten

Special Consultant to the FPA
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19,191
Good morning,

EUR keeps bullish context, but we recognize raising of geopolitical pressure by cross market analysis. It means that we do not hurry up with long position taking, suggesting that EUR could show a bit deeper retracement. 1.0840-1.0850 would be too good to be true, but, maybe return back to 1.0875 lows will happen at least:

 
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