EURUSD is in the consolidation zone at the support level, bears made a lower low, and then price pulled back to the resistance level .
Price was rejected at the resistance level; big green candle up and a big red candle down. This type of formation gives significance to the levels.
We expect further consolidation, meaning a price range between 1.0700 and 1.06100.
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Price was rejected at the resistance level; big green candle up and a big red candle down. This type of formation gives significance to the levels.
We expect further consolidation, meaning a price range between 1.0700 and 1.06100.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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