• February 6, 2023
  • Technical Analysis
  • Comments : 0

EUR/USD Technical Outlook: Short-term Setback

The sharp fall toward the end of last week could be a sign that the Euro’s four-month-long rally is losing steam. What is the outlook and what are the key levels to watch?

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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since Jan 06, 2023 when EUR/USD traded near 1.06.

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