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Near the end of August, it appeared as though the EUR/USD had been meeting resistance.
With signs of a second wave of COVID-19 now appearing in Europe, I made the argument that there would be less of a case for upside in the euro from here even if we see some further short-term growth - which had been propped up largely on the basis that growth in COVID-19 cases had been flatlining in Europe relative to the United States.
However, the EUR/USD had briefly breached the 1.20 mark, as I had anticipated it might -