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Bullish Price-Indicator Crossover in EUR/USD
A bullish crossover between the EUR/USD current rate and its 200-hour SMA has been detected.
The
ascending EUR/USD price finds itself en route to the 800-SMA, which
carries an equal resistance to the 200-SMA on 4hr charts. Such a
price-indicator cross has not occurred at least for a week on this time
frame, highlighting its significance.