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Back Technical analysis
EUR/USD. Smart Money. Iran Rejects US Peace Plan
The EUR/USD pair continues a weak
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The EUR/USD pair continues a weak upward movement (or at least has not yet completed it) amid total geopolitical uncertainty. Over the past few days, the pair has changed direction several times, while traders are ignoring chart patterns. On Monday, Donald Trump stated that the war in the Middle East would end soon, which immediately caused the bears to retreat. However, just half an hour later, Iran announced that no negotiations with the U.S. were taking place and that the
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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