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EURUSD 23.8.2023
General trend: downward and upward.
Expected scenario:
The pair is approaching a strong support around 1.0760, which enhances its chances of rising to 1.1000.
Alternative scenario:
The pair continues its decline to reach 1.0600, by breaking 1.0760 with an explicit closing.
The most important levels
resistance:
1.1000 – 1.1100
support:
1.0760 – 1.0700
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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