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EUR/USD: "Window" going to act as a support

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EUR/USD:

We’ve got a bearish “Tower” on the nearest resistance area. Therefore, the market is likely going to test the lower “Window” in the short term. If a pullback from this level happens, there’ll be an opportunity to have another upward price movement.

EUR/USD:

There’s an “Engulfing”, which has been confirmed. So, the price is likely going to achieve the closest support and the 55 Moving Average, which both could be a departure point for another bullish rally.

 

 

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