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Euro stuck in sideways trend near 55day SMA

The EURUSD pair closed slightly in the red on Tuesday, August 3, by the end of the day, skipping 0.05 to 1.1864. The euro bulls saw their profits erased during the North American trading session. The price action dropped to 1.1854 without breaking out of Friday39;s range of 1.18521.1909. The markets now await Friday39;s US jobs report for July.

 

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