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[QUOTE="Vlad RF, post: 238255, member: 61796"]
[B][SIZE=5]EURUSD declines again, with the US dollar bolstered by the Fed[/SIZE][/B]

The EURUSD pair is losing ground. The market can now take a slight respite following the Federal Reserve’s decision. Find out more in our analysis for 8 November 2024.

[B]EURUSD technical analysis[/B]

The EURUSD H4 chart shows that the market continues to develop the first upward impulse. A consolidation range has formed around the 1.0758 level, and after a breakout above it, the price has reached the local target of the growth impulse at 1.0824.

[IMG]https://roboforex.com/uploads/roboforecast/roboforex_com/99/2024/November/08/eurusd-2024-11-08.png[/IMG]

The EURUSD pair must account for the full range of economic data and political decisions released this week.

Read more - [url=https://roboforex.com/beginners/analytics/forex-forecast/currencies/eurusd-forecast-2024-11-08/?utm_source=earnforex.com&utm_medium=listing&utm_campaign=rf_en_analytics&utm_content=externalforums+text]EURUSD Forecast[/url]

[B][I]Attention![/I][/B]
[I]Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.[/I]

[B]Sincerely,
The RoboForex Team[/B]
[/QUOTE]

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