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EUR/USD – Smart Money Analysis: Geopolitical Developments Shift Direction Once Again
The EUR/USD pair continues to drift
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The EUR/USD pair continues to drift gradually lower. This week, bulls made several attempts to halt the bearish advance, but all of them ended in failure to one degree or another. Although the Nonfarm Payrolls report does not fall into the category of geopolitical events, it nevertheless triggered a sharp decline in the pair last Friday, resulting in the formation of bearish imbalance 16. At present, this imbalance serves not only as an area of interest for bears but also
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Samir Klishi,
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