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EUR/USD breaks through the key 1.14 support as hopes for US-Iran deal fade
FUNDAMENTAL OVERVIEW USD:The US dollar has been under some pressure at the start of last week as the sharp decline in oil prices on expectations of a de-escalation and an earlier end to the conflict increased going into the UN General Assembly. However, those expectations faded after the UN Gen
Why it matters
EUR/USD (Euro / US Dollar) · Why linked: The news directly discusses the EUR/USD breaking a key technical support level at 1.14 amid shifting US-Iran deal expectations. Market context: A break below the 1.14 support level signals further USD weakness against the Euro, potentially triggering stop-loss selling and further downside momentum.
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