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Back Technical analysis
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Back Technical analysis
Forecast of EUR/USD on August 28, 2024
On Tuesday, the EUR/USD pair made
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On Tuesday, the EUR/USD pair made a new reversal in favor of the US dollar and consolidated below the 200.0% corrective level at 1.1165. Thus, the decline may continue towards the key support zone of 1.1070–1.1081. A rebound from this zone, as well as from the trendline, will keep traders' sentiment "bullish" and may lead to a potential resumption of growth towards the 1.1240 level. At the moment, I do not see any serious intentions from the bears or any
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Samir Klishi,
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