"EUR/USD has recently encountered resistance at a key level and has shown signs of rejecting this price zone. As a result, the pair is now poised to potentially move in a downward direction, signaling a possible sell opportunity. Traders should stay alert and hold their positions as we may witness a significant drop in price. Based on technical analysis, the pair's projected target could be as low as 1.00800, indicating a substantial decline. Keep a close watch on further price action for confirmation before committing to any trades."
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