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EUR/USD 11Feb19 | EconAlerts

Technical Analysis – EUR/USD stochastic oversold

EUR/USD rebounds on the short-term uptrend line; stochastic oversold. EUR/USD has tumbled over the preceding five consecutive days, falling back below the 20- and 40-simple moving averages (SMAs) in the daily timeframe. Also, the SMAs posted a bearish crossover last Friday, signaling negative movement. Currently, the price is attempting a rebound on the

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