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ForexWizard01
Feb 1, 2024 11:03 AM

EURUSD Possible bounce ?  Long

Euro Fx/U.S. DollarFXCM

Description

The EURUSD is presently within the Daily Demand area, indicating potential buyer dominance. The prevailing uptrend persists until a breach of the 1.07250 Higher Low occurs.

Currently residing in the Daily Demand zone, EURUSD suggests a favorable scenario for buyers, maintaining the upward trend unless the crucial Higher Low at 1.07250 is breached.

I'd like to hear your insights on this currency pair.
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