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Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

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After a week of consolidation, the Dollar is finally moving lower as it prints the lowest GDP in two years. As a result of this, traders could look at EURUSD extending higher. This morning's US GDP came out at a two-year low of 2.0% versus…