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Еuro rebounds to 55day SMA

The EURUSD pair dipped 0.10 to 1.1596 on Tuesday, October 26. At the beginning of yesterdays session, the price rallied to 1.1626. The demand for risksensitive assets remained unchanged until the North American session. After US macro data came out, the dollar strengthened across the board. Price action dropped to 1.1585 by the close of European trading.

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