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Forex pairs in this Article » EUR/USD, EUR/GBP
FXstreet.com (Lisbon) - The TD Securities Team analyzes the short-term outlook of the EUR/USD and the strategy on how to trade the single currency.

Key quotes

“The EUR/USD continues grinding lower, following an earlier break below some key support – for EUR/USD we continue to prefer to sell rallies, although they may remain scarce in the near-term.

“The next support below is spotted at 1.3135/45 where the 100-, and 200-day moving averages currently sit.”

Moving to the EUR/GBP, “the break below support at the 200-day moving average at 0.8483 has added to the broad weight on the EUR.”
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