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This is pair already in a bearish trend and adding to it , UJ was unable to break the market structure at (110.74) and also respected the trend line. Even since DXY is about to fall hard , expect really good movement to the 110.94 market zone.
The pair is currently at the major market structure, we can also see that it reacted very well to the support zone. Expect very bullish trend in the upcoming days after the GDP number release of EUR! The numbers will be positive or neutral for the most part and also since DXY is falling , EU will go up!