Euro shows signs of recovery against dollar despite war impact

The euro has struggled against the dollar since the start of the Iran war, but it’s recently showing signs of securing ​a firmer footing.

Technical analysis suggests buyers are willing to step in ‌before the single currency falls too far.

That’s based on the euro’s ability to keep rising back above an important moving average — a tool used to smooth out ​price changes to help discern a trend.

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