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EUR/USD shows mild gains but faces resistance, influenced by German elections and technical indicators.
The EUR/USD currency pair has seen mild gains but faces resistance near the 1.0530 level, suggesting weakening upward momentum.
The pair retreated towards 1.0470, with key support around 1.0450.
Technical indicators like the RSI and MACD show weakening bullish pressure.
The currency's performance is also influenced by the German election results and broader market sentiment.
If the 100-day SMA at 1.0530 is broken, the pair could see further declines.
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El EUR/USD muestra ganancias leves, pero enfrenta resistencia, influenciada por las elecciones alemanas e indicadores técnicos.