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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD continues to consolidate around 1.3700 unable to set fresh direction in the absence of economic data or events.

The EUR/USD advanced to a 3-week high of 1.3723 during the Asian session amid broad dollar weakness, but failed to sustain gains and pulled back to the 1.3700 area where it has spent the last hours, virtually unchanged since opening. With US and Canada's markets closed for holidays, majors will likely remain within recent ranges.

EUR/USD technical outlook

"The outlook here remains bullish for a tight test of 1.3740 resistance area and initial intraday support lies at 1.3680, followed by the dynamic projection at 1.3640", says Stoyan Mihaylov, analyst at DeltaStock.com.
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