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EUR/USD outlook – could rise to 50-DMA

FX:EURUSD   Euro / U.S. Dollar
Despite pair’s retreat from the intraday high of 1.0575 the short-term bullish view remains intact given the bullish RSI and MACD divergence seen on the daily chart.

The spot appears on track to test the 50-DMA seen now at 1.0658.

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