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Euro finds temporary support at 1.1830

The EURUSD pair slid 0.25 to 1.1841 on Tuesday, September 7. Risk aversion hit the Australian dollar as it weakened after the Reserve Bank of Australia meeting. Investors were unimpressed that the RBA extended its bond purchase program until February 2022. The key pair has held at 1.1870 for a long time, but was forced to retreat along with all other major currencies. By the close, the euro fell to 1.1838.

 

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