The Bigger Picture - EURUSD Is About To Tank

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The US CPI data will be published tomorrow. EURUSD has recently stabilized above the 1.03 mark, but remains weak. The big picture shows a desolate situation, which suggests that the market will test the lows from 2022 in the coming weeks. This assumption is confirmed by a look at the liquidity zones, which indicate significant support for EURUSD only at around 0.97.

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