US EditionWeekly Technical Analysis Forecast: 1905 USD and Major Currencies Consolidate as Gold Prices Spike
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Weekly Technical Analysis Forecast: 1905 USD and Major Currencies Consolidate as Gold Prices Spike
EUR/USD is currently consolidating below 1.1200, lacking clear directional conviction as mixed fundamentals and technical signals keep the pair range-bound. While the near-term bias may favor a corrective rebound toward 1.1320, retesting prior support turned resistance, this move is seen as temporary within a broader bearish structure. The dominant downtrend remains intact, especially while the pair trades below both the 30-period SMA and the 1.…
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