EUR/USD Review, January 25-29, 2021 | worldforex
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EUR/USD Review, January 25-29, 2021
25 January 2021

The currency pair surged last week and broke out 1.2144. The descending correction seems to stop and there is a probability that EUR/USD is going to develop the uptrend targeting 1.2438. 

There were no new decisions during the ECB meeting. Friday’s PMI data was mixed. French Services PMI plunged to 46.5 while German PMI data surged.

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