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Oct 21, 2023 10:26 AM

EUR/USD Daily Chart Analysis For Week of Oct 20, 2023 

Euro Fx/U.S. DollarFXCM

Description

Technical Analysis and Outlook:
This week's trading saw the Eurodollar drawn to the Mean Res of 1.062, its main attraction. The intermediate price action may cause a pullback to Mean Sup 1.053 before resuming rebounding to Inner Currency Rally 1.070 with the completion of the pullback to follow.
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