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Breach of 1.1046 could mean a start of a bullish trend on EUR/USD

EUR/USD has broken through a line of 1.1046. If this breakout holds true, we expect the price of EUR/USD to test 1.1068 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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