FX & CFD trading involves significant risk
EUR/USD slowly creeping its way back toward $1.3700, as it extends recovery off earlier lows of $1.3636. Traders mention the 100-hma in around $1.3640. An hourly close below this level expected to prompt sales. Offers seen placed to $1.3730, stops above, with stronger interest from around $1.3740 ($1.3739 61.8% $1.4283/1.2860) through to the next barrier at $1.3750.
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