#1621
EURUSD, “Euro vs. US Dollarâ€
As we can see in the H4 chart, EURUSD is consolidating. In this case, the price is expected to break 4/8 and then continue trading downwards to reach the support at 3/8. However, this scenario may no longer be valid if the price breaks 5/8 to the upside. After that, the instrument may continue growing towards the resistance at 7/8.
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#1622
EURUSD, “Euro vs. US Dollarâ€
As we can see in the H4 chart, EURUSD is consolidating. In this case, the price is expected to test 3/8, rebound from it, and then resume trading upwards to reach the resistance at 5/8. After that, the instrument may break this level as well and continue growing towards the resistance at 6/8.
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