Speedline, consolidation: EUR/USD stalled at a falling speedline that goes back to May’s highs. As noted in previous EUR/USD updates on FXTimes, 1.3050 was also a resistance pivot, especially ahead of the ECB and US NFP event risks next week. The market is in consolidation mode, so choppiness within…

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EUR/USD Slides from Falling Speedline after Positive Chicago PMI data
