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EUR/USD:Approaching Short Impulse,Price Rebounds from Resistance

Short
Euro / U.S. Dollar (FX:EURUSD)  
FOREXN1 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns EURUSD Forex forexsignals forexsignal forexn1 isoforex Contains image
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Yesterday, as previously described, the EUR/USD currency pair was within an accumulation zone. After a rebound from the 1.075 resistance level, the price is now approaching a short impulse in the direction of the main trend. Additionally, the RSI indicator appears poised to drop from the overbought area. Based on this analysis, our current recommendation is still for a short impulse.
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