EUR/USD - approaching a price line that has been previously tested numerous times in the past

EUR/USD is about to retest a key horizontal support level near 1.0611. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

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EUR/USD – approaching a price line that has been previously tested numerous times in the past

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