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EURUSD 12.4.2024
General trend: down.
Expected scenario:
The pair was able to break the 1.0700 level (referred to in the previous report), and therefore the euro may continue to fall to reach $1.0580.
Alternative scenario:
The scenario turns bullish with a return above $1.0700, and the breakout is confirmed by a daily close.
The most important levels
resistance:
1.0700 – 1.0750
support:
1.0580 – 1.0500
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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