Analysis

EUR/USD - lifted by profit taking and intervention [Video]

What fueled the EUR/USD rally is the intervention by the PBOC and Mexican central bank and profit taking on shorts. The overall outlook remains bearish. More in today’s FXSweep video with inputs from Alejandro Zambrano, Chief Market Strategist at LondiniumFX, and Zak Mir, Technical Analyst, Tip TV.

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