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EUR/USD: Trading Recommendations and Trade Analysis for December 8. The Euro Remains Bullish
Analysis of EUR/USD (5M)
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Analysis of EUR/USD (5M) The EUR/USD pair struggled on Friday, with volatility not exceeding 40 pips. For the second consecutive day, the pair corrected within a weak upward trend. The ascending trendline remains relevant, suggesting the euro retains upside potential. However, next week, movements and the trend will certainly depend on the FOMC meeting, Jerome Powell's speech, and possibly the JOLTs report, which will be significant simply because there are no other labor market data from the
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Paolo Greco,
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