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EURUSD 3.7.2024
General trend: down.
Expected scenario:
The pair is trading below a strong resistance level around 1.0785, which enhances the chances of a drop to 1.0700.
Alternative scenario:
The scenario turns bullish with a break of 1.0785, targeting 1.0800 – 1.0820.
The most important levels
resistance:
1.0785 – 1.0820
support:
1.0700 – 1.0650
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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