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EURUSD: Intraday Analysis update & Forecast

Intraday Analysis | 1H Chart |

No changes on intraday chart, the pair is correctly triggering the movement we anticipated, but at the same time the trend still remains strongly bearish and we cannot exclude our usual harmonic (bearish) structure. If the pair goes above wave C, canceling the harmonic structure, the trend on 1H chart will return bullish with a potential target around 1.0688 and 1.0740. Technically, the closest support is 1.05331.

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