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USD/EUR Is 1% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.88% for the last 21 sessions. At 10:08 EST on Thursday, 24 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.946% up from its 52-week low and 12.049% down from its 52-week high.

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  • Eur/usd technical analysis: movements remain in narrow range – 22 August 2023. According to DailyForex on Tuesday, 22 August, "At the beginning of this week’s trading, the price of the EUR/USD currency pair tried to rebound to the upside and stop its recent losses. ", "On the other hand, and for the same period of time, the EUR/USD currency pair will not have an opportunity to rebound to the upside without moving towards the resistance levels 1.0940 and 1.0100, respectively. "
  • Eur/usd: recovery could be cut short if preliminary August pmis disappoint – socgen. According to FXStreet on Tuesday, 22 August, "The recovery in EUR/USD to over 1.09, helped by intervention in USD/CNY, could be cut short on Wednesday if the preliminary August PMIs disappoint."
  • Eur/usd price analysis: euro bulls attack 1.0910 upside hurdle on softer greenback. According to FXStreet on Tuesday, 22 August, "That said, the upbeat RSI (14) line and the bullish MACD signals keep the EUR/USD buyers hopeful of confirming the falling wedge chart pattern suggesting a theoretical target of 1.1340.", "Even so, the 200-SMA and the previous support line stretched from May 31, respectively near 1.1025 and 1.1095, can prod the EUR/USD bulls."
  • Eur/usd hits monthly high above 1.0900, makes a u-turn on rising US yields, ahead of powell’s speech. According to FXStreet on Tuesday, 22 August, "The EUR/USD is still neutral to downward biased, as price action achieved successive series of lower highs and lower lows, with the August 3 daily low of 1.0912, seen as the first resistance level, crucial for buyers if they want to resume the uptrend. ", "However, late EUR/USD buyers stepped into the market and lifted the pair, which trades at 1.0848 after hitting a daily high of 1.0930."
  • Eur/usd forex signal: crawls back as US bond sell-off gains steam – 22 August 2023. According to DailyForex on Tuesday, 22 August, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the EUR/USD pair and set a take-profit at 1.100.", "The EUR/USD pair rebounded as most investors started focusing on the upcoming Jackson Hole Symposium. "

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