Today News: EUR/USD [26 Nov 2021] - Dailyforextrading.net

EUR softened on lockdown fears

The euro suffered another session of losses yesterday, as
lockdown fears increased after new Covid-19 cases in
Germany rose by a record 75,961 on the day

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Seesaws near 16-month lowon
the way to 1.1000

EUR/USD picks up bids to refresh intraday high
around 1.1215 during the initial
Asian session on Friday.

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EUR/USD Mid-Session Technical Analysis
for November 25, 2021

The Euro is edging higher against the U.S. Dollar
at the mid-session on Thursday as the
greenback weakened overnight.

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Will the EUR/USD price resume retreating?

The technical analysis of the EURUSD price chart on 1-hour
timeframe shows EURUSD: H1 is attempting
to rebound toward the 200-period

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EUR/USD could drop to 1.1160 near term

In opinion of FX Strategists at UOB Group, the recent
price action in EUR/USD opens the door to further
decline to 1.1160 in the next weeks

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Bearish techs and weak fundamentals
keep the euro under strong pressure

The Euro is consolidating above new 5 ½
month low (1.1186) in early Thursday,
but maintains firm bearish tone

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