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Back Technical analysis
EUR/USD. The Pair May Resume Growth Next Week
Updated U.S. labor market data will
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Updated U.S. labor market data will be released next week. If they again show weakness—which is the more likely scenario—expectations for an imminent interest rate cut will rise once more.Next week, updated U.S. labor market data will be published. If they once again indicate weakness, as is most likely, expectations of a near-term interest rate reduction will increase, which could support the pair and allow it to rise toward the upper boundary of the medium-term upward trend.From a technical perspective,
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Pati Gani,
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