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EUR/USD is approaching 1.0525. We expect either a breakout through this line, or a rebound.

EUR/USD is heading towards a line of 1.0525. If this movement continues, the price of EUR/USD could test 1.0525 within the next 2 days. 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.

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We may be expecting a $0 movement on BP within 4 hours following the event release at 11 May 12:30.

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After testing resistance twice in the past, FRA40 has finally broken through. Can we expect a bullish trend to follow?

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