EURUSD retests 200 hour MA and bounces. Buyers and sellers battle between technical levels

The EURUSD initially rallied after the softer-than-expected U.S. CPI report, as traders pared back expectations for near-term Federal Reserve tightening. Headline inflation came in weaker than forecast, while core inflation also undershot expectations, reinforcing the view that inflation pressures continue to ease. Although Fed officials - including Fed Cha…

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