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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 support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a possible target level to be around 1.0864 within the next 17 hours.

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