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Back Fundamental analysis
EUR/USD. ZEW Indices, Goolsbee's Comments, Geneva Negotiations
The euro-dollar pair is demonstrating a
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The euro-dollar pair is demonstrating a downward dynamic, moving towards the base of the 18 figure. Sellers of EUR/USD managed to breach the 1.1830 support level (the middle line of the Bollinger Bands indicator on the daily chart) amid disappointing ZEW data, heightened risk-off sentiment, and the "moderately hawkish" comments from Chicago Fed President Austan Goolsbee. All these fundamental factors have put pressure on the EUR/USD pair, allowing sellers to approach the boundaries of the 17 figure.According to data released
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Irina Manzenko,
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