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EURUSD 23.5.2023
General trend: downward.
Expected scenario:
The pair is trading below a strong resistance level around 1.0830, which enhances chances of a drop to 1.0715.
Alternative scenario:
The scenario fails, and it turns to the upside, with a break of 1.0830, targeting 1.0900.
The most important levels
resistance:
1.0830 – 1.0900
support:
1.0715 – 1.0610
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