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EUR/USD

Euro Strengthens as Investors Diversify Away from Dollar


The Euro rallied as U.S.-China trade tensions prompted diversification away from the dollar, benefiting third currencies. Safe-haven flows and trade war hedging have paradoxically boosted EUR positioning.


Key Levels: Support at 1.15523 | Resistance at 1.17200
Investor Takeaway: RSI at 69 above MA line trending upward with flat MACD buying pressures; approaching overbought territory but macro dynamics support sustained strength.