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EURUSD 25.1.2023
Main trend:
Bearish.
Expected scenario:
The pair is trading below a strong resistance level 1.0940. Therefore, we are bearish as long as the pair is trading below it with targets: 1.0800 – 1.0770.
Alternative scenario:
The pair turns into bullish after the breakout of 1.0940 with target: 1.1150.
The most important levels
Resistance:
1.0940 – 1.1150
Support:
1.0800 – 1.0770
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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