EUR/USD bulls lurk at key hourly support in the open

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EUR/USD bulls lurk at key hourly support in the open
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EUR/USD bulls lurk at key hourly support in the open By ross_burland EURUSD Currencies DollarIndex Technical Analysis

is also a tough soft so the gap in the euro is vulnerable to the upside towards reclaiming positive territory. The markets were risk-on at the end of the week so there is the possibility of a continuation to the upside. Moe on the technicals below.

Elsewhere, the focus will be US Fed speakers. "Fed officials will continue to provide remarks in the upcoming week on the heels of a strong CPI report, which seems to have cemented the urgency to move quickly to a more neutral policy stance", analysts at TD Securities said. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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