KQMarkets

EURUSD - Short Pre Data Releases

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
We see EURUSD moving lower pre key economic data releases this week including Euro Area Core Inflation Rate YoY and non farm payrolls. Additionally, the 20 day MA has dropped below the 50 day MA indicating a slowdown in the upward momentum the currency pair had gathered since March 20 lows.

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