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Feb 17, 2020
EURUSD key week ahead
The euro currency is set for a pivotal trading week against the US dollar, as the pair continues to hold around its weakest in over two-years. A break under the 1.0800 level exposes the EURUSD pair to further losses towards the 1.0750 and possibly the 1.0680 level. A move above the 1.0930 level could help the EURUSD pair launch a recovery back towards the 1.0990 technical area.
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The EURUSD pair is only bullish while trading above the 1.0930 level, key resistance is found at the 1.0990 and 1.1030 levels.
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The EURUSD pair is bearish while trading below the 1.0930 level, key support is found at the 1.0800 and 1.0750 levels.