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Forex pairs in this Article » EUR/USD
FXstreet.com (Córdoba) - The recovery of the euro against the dollar from a 2-month low of 1.2763, extended through American hours, with EURUSD reaching a fresh daily high of 1.2820 in recent dealings, underpinned by the rally in stocks as investors await the results of the US presidential election.

However, the EURUSD lost momentum and stalled just ahead the 200-day SMA, significant resistance level for the cross, which held as support for over 2 months before being broken. At time of writing, the pair is trading at the 1.2815 area, 0.2% above its opening price.

IN terms of technical levels, immediate resistances are seen at 1.2826 (200 DMA), 1.2840 and 1.2880, while supports could be found at 1.2800, 1.2765 (daily lows) and 1.2740 (38.2% retracement of the broader 1.2041/1.3172 rally).
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