EUR/USD: When All Talks Are Stuck, The Only Way Is Down

1.1330 capped the pair in the past few hours and serves as the immediate line of resistance. 1.1355 was a swing high on Friday and also worked as support in mid-January. 1.1390 was a swing low in late January and switches to resistance. 1.1405 is another swing low from that time, and it coincides with the 50 SMA.

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Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and ...

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