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Pair's Outlook
As the major currency pair easily slipped through the 20-day SMA, it found support at 1.3350 level, where no technical indicators are located. However, the pair appreciates and steps towards a retest of the monthly PP at 1.3409. If this movement is successful, the next level will be an interception point of the 20-day SMA and the weekly PP at 1.3456.
Traders' Sentiment
General market sentiments in EUR/USD pair remain in similar proportions, as the majority of positions are bearish, 58%. Pending orders market is more balanced, as 53% of orders stand for a bullish position and 47% for a bearish.
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