<h5>Despite a rebounding attempt in the early afternoon, the evolution of the EUR / USD on Thursday confirms the downward trend in progress since the January 31 summit at 1.1514.</h5>
<h5>The Euro-Dollar has indeed hit a low at 1.1324 today, signing a fall of nearly 200 pips in about a week.</h5>
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<h5>Among the latest news that justify the decline of the EUR / USD, we note that comments by Jerome Powell, the boss of the Fed, supported the Dollar yesterday, he said that the US economy is « in a good position « .</h5>
<h5>This morning, the disappointing figures of German industrial production also weighed on the Euro, as well as the ECB&rsquo;s dovish remarks in its monthly bulletin, and that the lowering of the growth forecasts of the European Commission.</h5>
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<h5>This afternoon, the only potentially influential statistic was US weekly jobless claims, which were above expectations at 234k vs. 221k, which was not enough to weaken the greenback.</h5>
<h5>From a technical point of view, the break under support of 1.1350 this morning, which has been confirmed by the fact that the recent rebound attempt was blocked by this threshold, is a new bearish signal.</h5>
<h5>The hollow of the day (1.1325) is to be considered as a potential support, before the psychological threshold of 1.13. On the rise, 1.1350, 1.1380 and 1.14 are the first resistances to watch.</h5>
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EUR / USD: The negative trend is confirmed again after worrying data
