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After testing 1.0918 numerous times, EUR/USD is once again approaching this price point. Can we expect a bearish trend to follow?

EUR/USD is heading towards a line of 1.0918. If this movement continues, the price of EUR/USD could test 1.0918 within the next 13 hours. 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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