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EUR/USD testing 1.0800 again
The EUR/USD has of course not escaped the rebound in the wider dollar his afternoon. That is a logical reaction to the much better than expected US jobs data. So, the EUR/USD has eventually just now tested the 1.0800 handle. The price action is not exactly one-way lower though and it seems someone out there is determined to hold the Euro up. We shall just have to see, if they are successful in that quest, or not. The low seen so far has been set at exactly 1.0800. The EUR/USD is right now trading at 1.0805
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