EUR/USD is heading towards a line of 1.1052. If this movement continues, we expect the price of EUR/USD to test 1.1052 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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EUR/USD is quickly approaching 1.1052. We expect either a breakout through this line, or a rebound.
December 9, 2019 6:13 pm
