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EUR 2020-08-20 13:30
Deutsche Bank: signs that the euro upside move is maturing, favours taking profit
Deutsche Bank argues that the euro may have hit a top for now, adding that there are signs from a technical and macro perspective that the euro upside move is maturing and they say that with EUR/USD nearly hitting its 1.20 target, they favour taking profit at this stage.
And any move towards 1.2300 in EUR/USD would make the range lean towards the extreme side and see 'ultimate exhaustion'
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