By analyzing the #EURUSD chart on the 3-day timeframe, we can see that after rising to the upper limit of the supply zone at 1.046 - 1.055, the price has finally corrected and is currently trading around 1.042. If the price stabilizes below this level, we can expect further declines in EURUSD.
However, keep in mind that in about 2.5 hours, we have the significant CB Consumer Confidence report, which could strongly impact the market!
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Best Regards , Arman Shaban