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EUR/USD runs into resistance
EUR/USD has stalled around $1.2370, finding it hard to push higher.
Further gains continue to target $1.25, while a drop back may find support at the 50-day simple moving average (SMA) at $1.2333, and the $1.2323 level. Short-term support has been seen at $1.2350, so if this holds then we can expect more gains.
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