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EURUSD SEP, 20 2021
Overview:
The pair is trading in a short-term downtrend.
Expected scenario:
We notice on the chart that the pair is approaching a strong support level around 22.20 - 21.64, which enhances the chances of ascending during the upcoming period to 23.90
Alternative scenario:
On the other hand, we see that if the 1.1750 level is broken downwards, it may push this pair down to 1.1700
Resistance | 1.1790 | 1.1820 | 1.1850 |
Support | 1.1750 | 1.1700 | 1.1670 |
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