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FX Desk

Euro: Correction seen near key averages against US Dollar – Societe Generale

By FXStreet

Euro: Correction seen near key averages against US Dollar – Societe Generale

Societe Generale’s Morning Briefing reports EUR/USD traded between 1.1359 and 1.1387 overnight and is on course for a second weekly drop. The defence of the 100‑week moving average at 1.1356 and oversold technicals suggest the correction may have run its course for now.

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Source: FXStreet