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[QUOTE="Vlad RF, post: 238639, member: 61796"]
[B][SIZE=5]EURUSD: the euro continues to lose ground against the US dollar[/SIZE][/B]

The ECB’s financial stability report and the ECB president’s speech could further weaken the euro. Discover more in our analysis for 20 November 2024.

[B]EURUSD technical analysis[/B]

The EURUSD H4 chart indicates that the market has received support at the 1.0523 level and has continued its upward movement. The price is expected to reach 1.0610 today, 20 November 2024. The structure formed around the 1.0560 can be viewed as correcting the previous downward wave.

[IMG]https://roboforex.com/uploads/roboforecast/roboforex_com/99/2024/November/20/eurusd-2024-11-20.png[/IMG]

The ECB president’s speech and other fundamental factors continue to weaken the euro.

Read more - [url=https://roboforex.com/beginners/analytics/forex-forecast/currencies/eurusd-forecast-2024-11-20/?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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