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Back Fundamental analysis
EUR/USD: Washington – Tehran – Beijing: Geopolitical Intrigue Keeps the Pair in a Range
On Tuesday, the euro-dollar pair shows
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On Tuesday, the euro-dollar pair shows bearish sentiment; any optimism that prevailed last week has completely vanished. Sellers have taken the initiative, although they have yet to leave the 17th figure area. This serves as a sort of "home port" for EUR/USD traders: over the past five weeks, the pair has closed Friday trading within this price range, reflecting indecision among both buyers and sellers. Therefore, Tuesday's price dynamics should also be viewed through the lens of the established "sideways
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Irina Manzenko,
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