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Back Technical analysis
Back Technical analysis
EUR/USD. The Pair Will Remain Under Pressure
The EUR/USD pair remains under pressure
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The EUR/USD pair remains under pressure amid increased demand for U.S. government bonds against the backdrop of the Middle East crisis, where an escalation in the form of a U.S. ground operation against Iran may occur in the near future. How exactly this will unfold remains to be seen, but one thing is clear: rising oil prices will support demand for the U.S. dollar, along with expectations that the Federal Reserve will maintain its monetary policy in the foreseeable future,
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Pati Gani,
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Viktor Vasilevsky
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