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EURUSD Eyes 1.2200 As Bears Remain In Control

Capital Trust Markets

The Euro (EUR) extended downside movement against the US Dollar (USD) on Wednesday, dragging the price of EURUSD to less than 1.2390 ahead of US services PMI news which is scheduled for release today during the New York session. The Long term sentiment remains bearish due to Lower High on the monthly chart.

Source: https://capitaltrustmarkets.com/eurusd-eyes-1-2200-bears-remain-control
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