EURUSD ticks lower. Moving away from swing area between 1.07609 to 1.07767 ...Middle East

The EURUSD is ticking lower in the US session and in the process is moving away from a swing area between 1.07609 and 1.07767. Staying below below that area keeps the buyers firmly in control. It is a close risk for sellers/traders.The Federal Reserve cut rates by 25 basis points yesterday, but the thoughts are that a Trump presidency will not be great news for EU given threats of tariffs. That is pressuring the EUR. A review of the week had the EURUSD closing last week at 1.0887, and moving up to a high of 109.365 on Tuesday. That move to the upside tested its 100-day moving average of 1.09418 before starting the slide on the election results.The fall gathered momentum on the break of the

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EURUSD ticks lower. Moving away from swing area between 1.07609 to 1.07767 ...Middle East

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