Thursday, July 18, 2019
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Technical Analysis – EUR/USD trapped under 1.1200

EUR/USD resumed upside momentum on Friday but the gains were not enough to overcome the 1.12 key resistance area, with the price remaining below its simple moving averages (SMA) as well. The MACD continues to hold close to its red signal line and the RSI keeps fluctuating near the 50 neutral level, both pointing to sideways short-term trading. A decisive close

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