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EUR/USD Analysis Today 29/01: Renewed Pressure (Chart)
(MENAFN- Daily Forex)
- Ahead of the most important event for the forex markets, the US Federal Reserve announcement later today, the EUR/USD currency pair is resuming its broader downward trajectory, stabilizing around the support level of 1.0413.
- This move abandons the recent upward rebound gains that reached the resistance level of 1.0533, its highest in over a month.
- Furthermore, the performance confirms our forecast for the Euro-Dollar to sell at every upward level.

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