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Back Fundamental analysis
EUR/USD holds steady as traders bet on diplomacy despite Middle East
The EUR/USD pair started the trading
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The EUR/USD pair started the trading week with a small southern gap, reacting to the latest events in the Middle East. Friday's trading closed at 1.1766, while today the pair opened at 1.1754. The key point here is not the south gap itself but the muted market reaction to escalation signals: the price gap amounts to only 12 pips, and the market shows no downward impulse. The pair drifted in the middle of the 17th figure, reflecting indecision among both
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Irina Manzenko,
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