EUR/USD selling pressure deepens on higher DXY ahead of US CPI data

Failure ahead of 1.08 keeps bearish EUR bias intact nL1N34N0BZ

Short dates moving averages continue to head south - further losses eyed

Below 1.0670 targets 1.0450 38.2% fibo next

Focus on DXY, close above 104 will see increase momentum towards 105 next

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