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Long

EUR/USD Technical analysis

FX:EURUSD   Euro / U.S. Dollar
The 4-hour chart of EUR/USD indicates that the pair is currently in downtrend.
The pair made a strong downside move and it is currently at support levels of 1.15108.
Also, stochastic indicator is showing a divergence, which indicates a subsidised momentum.
Hence we can expect the counter to be bullish until it reaches the target of 1.15553.
Trade closed: target reached
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