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flag EUR/USD shows mild gains but faces resistance, influenced by German elections and technical indicators.

flag The EUR/USD currency pair has seen mild gains but faces resistance near the 1.0530 level, suggesting weakening upward momentum. flag The pair retreated towards 1.0470, with key support around 1.0450. flag Technical indicators like the RSI and MACD show weakening bullish pressure. flag The currency's performance is also influenced by the German election results and broader market sentiment. flag If the 100-day SMA at 1.0530 is broken, the pair could see further declines.

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