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Back Fundamental analysis
EUR/USD. Intermission
Last week, the euro-dollar pair surged
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Last week, the euro-dollar pair surged over 500 points, rising from a low of 1.0378 to a high of 1.0889. However, buyers did not attempt to push past the 1.09 level. Instead, the currency pair consolidated within the 1.08 range, drifting sideways due to a nearly empty economic calendar on Monday.On that Monday, important macroeconomic reports from Germany painted a mixed picture. While industrial production showed strong growth, exports experienced a significant decline. As a result, the EUR/USD pair struggled
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