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This article was written by Aayush Jindal, currency analyst at Titan FX.
The euro gained pace this past week against the US dollar, but this week it faced a lot of selling pressure. The EUR/USD pair remains lifeless and it may continue to trade lower if the current market sentiment remains intact.
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In this article, I will to cover a few reasons why the euro recovery is not easy and why the EUR/USD pair might continue to decline.
EUR/USD Decline Explained with Daily Chart
This past week, a ... (read more)