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Technical analysis of EURUSD 19.07.2019

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EURUSD: a mixed picture

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On Thursday the 18th of July, trading on the euro closed significantly up to completely recover the losses incurred earlier in the week. The 1.1280 mark was reached once again, revisiting the high set on Monday. In the Asian session, the pair reached 1.1241, while the euro tumbled to 1.1205 during trading in Europe. This was brought about by very strong retail sales data from the UK. Growth across the retail sector increased by a factor of 1.5 – 3, both in monthly and annual terms.

Technical analysis of EURUSD 16.07.2019

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EURUSD: euro decline continues

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On Monday the 15th of July, the euro declined against the dollar, with trading closing slightly lower than the Asian session’s opening price. During the Asian session, the pair traded within a corridor of 1.1263 – 1.1274. As the European session got underway, the EURUSD pair reached an intraday high of 1.1283 before starting to decline ahead of the US session.

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