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Table of contents

  1. Technical analysis:
    1. Trading recommendation:

      Technical analysis:

      the eur usd pair has key support is near at the price of 1 5075 grafika numer 1the eur usd pair has key support is near at the price of 1 5075 grafika numer 1

      EUR/USD has been trading downside this morning and key support is near at the price of 1.5075.

      Trading recommendation:

      Key support zone is set at the price of 1.5075 and watch for the price action around this key support zone to confirm further direction.

      In case of the rejection of the key support zone at 1.0575, watch for buying opportunities towards upside references at 1.0670

      In case of the downside breakout of the support zone, watch for selling opportunities towards objective at 1.0510

      Relevance up to 09:00 2023-01-04 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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      Read more: https://www.instaforex.eu/forex_analysis/307135


      Peter Jacimovic

      Peter Jacimovic

      Analytical expert of InstaForex © 2007-2022

      Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


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