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traderpulse

EUR/USD Technical analysis

Long
Euro / U.S. Dollar (FX:EURUSD)  
traderpulse  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis priceaction
11
1
trendanalysis waveanalysis priceaction
The counter has formed a bullish diamond pattern.
The FOMC is widely expected to make a 25 bps cut and so there could short covering before the news.
Hence, we expect the counter to be bullish in the short-term.
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