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EUR/USD post Fed's hawkish Bullard comments - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that in the US, FED's Bullard, and usual hawk, offered a speech saying that a lift-off is still appropriate, as the recent challenges are not significantly robust to guide the economic policy and offered an analyses of subsequent price action in EUR/USD and analyses.

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The pair has been holding ground well above the mentioned session low ,and the technical picture shows that in the 1 hour chart the price stands above a horizontal 20 SMA, whilst the technical indicators turned north above their mid-lines, supporting further gains. In the 4 hours chart, the price is well above a still bullish 20 SMA, whilst the technical indicators have turned lower from overbought readings, and the Momentum indicator is about to cross its mid-line towards the downside. Only below 1.1340, the mentioned 20 SMA, the pair can extend its decline down to 1.1290, should the dollar maintain the positive tone.

AUD/USd bears eye the 1hr 200 SMA and 0.7200 level

AUD/USD is currently trading at 0.7271 with a high of 0.7364 and a low of 0.7253.
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GBP/USD consolidates losses, worst day since late September

GBP/USD moved off session lows during the last hours but is still falling almost a hundred pip from the level it closed yesterday, having the worst performance since September 23.
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