EUR/USD Outlook
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From a technical perspective, the EUR/USD pair is mildly bullish, although additional confirmations are required. The 4-hour chart shows that the pair settled a few pips above a bearish 100 SMA while meeting buyers around a bullish 20 SMA. Technical indicators remain within positive levels but lack directional strength. The pair could extend its advance towards 1.1790, but gains beyond the latter are unlikely at this point.
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