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EURUSD Breaks 1.09

Name: EURUSD Breaks 1.09
Uploaded: 2024-01-16
Channel: David Kindley
Description: The Euro traded sharply lower in what appears to be a response to a lift in US yields.As the 1.09 level confirmed a break, price action could drop by another 50 pips.Cable is another casualty of a strong dollar, with price action moving in favour of

VideoTechnical Analysis

By David Kindley On Jan 16, 2024

The Euro traded sharply lower in what appears to be a response to a lift in US yields.

As the 1.09 level confirmed a break, price action could drop by another 50 pips.

Cable is another casualty of a strong dollar, with price action moving in favour of the greenback.

Timestamps
EURUSD 1:20
GBPUSD 02:35

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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