EURUSD has bounced off a critical level of support and will go to the next level of resistance. This move fundamentally is driven by the possibility of interest rates easing in the coming months. The pair is now moving in a pennant formation.
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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.