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Breach of 1.0994 could mean a start of a bullish trend on EUR/USD

EUR/USD has broken through a line of 1.0994 and suggests a possible movement to 1.1028 within the next 15 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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