EUR/USD’s Near-term Consolidation Range under 1.30

Below 1.30: EUR/USD has broken below the 1.30 handle. There was a support pivot down at 1.2955 broken as well. but after a couple of bear runs in May so far, the EUR/USD starts this week showing some exhaustion above 1.2935. It is forming a near-term consolidation range between 1.2935 and 1.2990….

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EUR/USD’s Near-term Consolidation Range under 1.30

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