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EUR/USD: a technical analysis signals a risk of a temporary decline (Lloyds Bank)
Lloyds Bank notes that the EUR/USD rally on the forex is losing momentum.
"The current underperformance of the dollar has allowed the EUR/USD to push towards 1.13, but the momentum is really struggling to hold, signaling a new correction. 1.1220/1.1195 is a pivot support now, with 1.1120/1.1050 acting as more significant support underneath it."
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