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EUR/USD takes out 2025 high at 1.0955 and extends
The EUR/USD has just now finally made a break above the prior 2025 high, at 1.0955. The move higher has extended to just above 1.0980 a moment ago and it may not be done with yet. The GBP/USD is higher too ands just now came close to the noted technical level at 1.3119. The move higher in the EUR/USD is in contrast to prior conventional thinking that suggested US trade tariffs would send the dollar higher. Well, as you can see, that is not the case right now- the dollar is falling. The EUR/USD is right now at 1.0975 and looks like it might easily have 1.10 in its sights
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