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After testing 1.0389 numerous times, EUR/USD is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of EUR/USD towards 1.0389 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 4 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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