📉Priority direction: Downward.
📝Description: The upward impulse from the psychological level 1 in the EURUSD currency pair has most likely exhausted its resources and a downward correction should be expected. Level 1.01215 is the current target for sellers. There will be more likely the reaction of buyers and the resumption of the upward move. In the short term, it is unlikely that the instrument will break through the parity level. For some time the price will be at current levels.
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📝Description: The upward impulse from the psychological level 1 in the EURUSD currency pair has most likely exhausted its resources and a downward correction should be expected. Level 1.01215 is the current target for sellers. There will be more likely the reaction of buyers and the resumption of the upward move. In the short term, it is unlikely that the instrument will break through the parity level. For some time the price will be at current levels.
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Thank you for your support, subscribe and share your ideas here👇
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.