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EUR/USD may be on a start of a new bearish trend after its breakout through this important support level

EUR/USD has broken through a line of 1.0868 and suggests a possible movement to 1.0825 within the next 3 days. 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 13 days.

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