The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations.
Fellow traders and investors, it would be valuable to share your thoughts and opinions and stay updated by following me for more information.
Fellow traders and investors, it would be valuable to share your thoughts and opinions and stay updated by following me for more information.
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So, the rejection at 1.09070 is now confirmed. Let's hope the price will reach the mid-point at 1.08250.Note
Price is currently at the price level it rejected earlier today again. Let's watch with an eagle eye. The bull trend will resume if the level is unable to hold.
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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.