ForexTrading Idea

EURUSD: Rebound in Short Term?|Forecast|

Intraday Analysis | 1H |

From a technical point of view, on 1H chart we have a support area around 1.0550, and some corrective structure like a ABC Pattern is possible. Having said that, the trend is bearish, so we consider this corrective structure as a technical rebound, at least for the moment.

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