EUR USD
Euro Is Losing Ground Against U.S. Dollar
EUR/USD is currently trying to settle below the support at 1.1200 while U.S. dollar is gaining ground against a broad basket of currencies.
The U.S. Dollar Index is testing the resistance level at 96.70. In case this test is successful, the U.S. Dollar Index will head towards the 97 level which will be bearish for EUR/USD.
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