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EURUSD has an uptrend

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis EURUSD marketstructure Forex eurusdlong trading forextrading markets traders eurusdbuy
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trendanalysis indicator fundamental eurusd marketstructure forex eurusdlong trading forextrading markets traders eurusdbuy
Meanwhile, the Euro has fallen sharply from a high of 1.0640. Therefore, the recovery correction has ended and a broader downtrend will take place in the medium term. The Euro could fall to 1.04 - a very important support level for this currency. A break of 104 could drag it down to the 1.03 mark and even lower. The 1.06 level could now act as a good resistance.
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