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Market Focus

EUR/USD Breaks Down, Near-Term Setup Still Fragile

by Felix-Antoine Vezina-Poirier, Chief Strategist  

EUR/USD has broken below key support, and near-term risks justify a tactical bearish stance while longer-term investors should buy dips. The pair fell through its 50-day moving average, which, along with the 20-day, had provided steady support since…

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