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EURUSD Sell Idea Aug 17, 2021

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD Sell Idea Aug 17, 2021

The EUR/USD pair bounces off previous highs around 1.1760 amid a weaker dollar and a moderate rebound in risk appetite.

Although a vaccine campaign and growth prospects could undermine any serious attempt by the pair to recover, market participants remain cautious ahead of the pandemic, especially the spread of the Delta variant.

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