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  • The EUR/USD is trading to the downside in today's session currently at 1.1041. The price is back below the 200SMA after it reached above it yesterday. It appears to be hard for the market participants to wni a direction as the price has been gravitating towards the 200SMA since mid-June.

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    • Neel Kashkari says US economy is in a good condition and there is no rush for the interest rate hike!
      Federal Reserve Bank (Fed) President in Minneapolis, Neel Kashkari says Fed rate hike is not urgent after Brexit, as US central bank has time to decide.

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      • The EUR/USD reached a high of 1.1164 in today's session after the Bank of England announced it's keeping the key interest rate unchanged. Market participants did not expect that and EUR and GBP saw a surge. Have in mind that this rally might prove to be short-lived. Current market price 1.1146.

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        • EUR/USD is trading quietly today so far as we have important US data scheduled for later today. The pais is trading between 1.11 and 1.1150. Main trend on the short-term is bullish as we are above the 200SMA and into the fifth day of consecutive gains.

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          • The EUR/USD is trading flat in today's session due to lack of fresh news and events. Technically, the pair is consolidating around the 1.1050 level. Today's high is 1.1084 and the price is now 1.1076.

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            • The EUR/USD is losing some ground in today's session but it is still trading in the range of its yesterday's high and low. The pair is now at 1.1054, down from 1.1080.

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              • The EUR/USD reached a low of 1.0981 in today's session and recovered to a current price of 1.1004. Major level of support is seen at 1.0955.

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                • Not much is happening in the EUR/USD in today's session although we saw a mild recovery towards the range at 1.1040. The pair reached a low of 1.1003 earlier today and made a high of 1.1047. Bearish trend on the long-term remains steady.

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                  • The EUR/USD reached major support in today's session with a low of 1.0956. Bulls are expected to take action and buy the dip while bears will try their best to push price below support to first target at 1.0910.

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                    • The EUR/USD is trading at support at 1.0970. If this level is broken we might see an attempt of Bears to go to 1.0900. On the other hand, it 1.0970 is a successful support Bulls might attempt to break above first resistance at 1.1035.

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                      • EUR/USD looks a bit uplifted in today's early hours of the European session. The pair reached a high of 1.1020 and is currently trading at 1.1011. Main trend on the short-term is bullish. Scheduled for later today is the US Consumer Confidence that may create volatility in the pair.

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                        • EUR/USD is consolidating around 1.0990 in anticipation of the FED Interest Rate Decision scheduled for later today. Major support is seen at 1.0960. First bull target is seen at 1.1070.

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                          • The EUR/USD is trading higher after the FED decided to leave the rates unchanged. The pair went from 1.0961 to a current market price of 1.1109. First resistance is seen at 1.1140, while first support is found at 1.1020.

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                            • The EUR/USD is trading somewhat unchanged compared to yesterday's level. The pair is now 1.1094. In a bit more than an hour we have scheduled the EU GDP (YoY). This may create volatility and if it's positive, we might see price going above 1.1130.

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                              • The EUR/USD is trading higher since Wednesday last week when the FED decided not to raise the interest rate. The pair went from 1.0961 to a high of 1.1197 in less than three days. today the pair is trading at 1.1175 as the trend is looking slightly exhausted.

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