3:35 PM · 29 July 2024

EURUSD breaks below key 200-day moving average after lower Dallas FED reading 📉

The EURSD pair extends declines and breaks below the 200-day EMA after the Dallas Fed's industrial data reading, which came in below analysts' expectations and the last reading. Thus, regional data points to a further deterioration of sentiment in the economy.

US Dallas Fed Manufacturing Activity Jul: -17.5 (est -15.5; prev -15.1)

Source: xStation

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