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EUR/USD Rate Selloff Pushes RSI Into Oversold Territory

EUR/USD RATE TALKING POINTS: EUR/USD is on track to mark a six day decline as it trades to a fresh yearly low (1.1263), and recent developments in the Relative Strength Index (RSI) raises the scope for a further depreciation in the exchange rate as the indicator crosses below 30 to push into oversold territory. EUR/USD RATE SELLOFF PUSHES RSI INTO OVERSOLD TERRITORY EUR/USD approaches the July 2020 low (1.1185) following the bearish reaction to


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