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Intraday Market Analysis – USD Rally Accelerates

EURUSD seeks support The US dollar surged after May’s inflation beat expectations. The previous rebound’s failure to clear the supply area around 1.0760 indicates that the path of least resistance is down. A sharp drop below 1.0640 and 1.0540 forced the bulls to cut losses. The RSI’s oversold condit...

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Intraday Market Analysis – USD Rally Accelerates

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