EURUSD could see limited upside to test resistance at 1.18996 resistance zone before seeing a reversal here. We do caution the limited downside as prices are sitting on the ascending trend line on the weekly time frame where we could see a further upside once prices breaks above this key resistance area.
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On the H4 timeframe, prices are testing a key support level at 1.010 where we could see further upside. A throwback to support level 1.0180,
Dollar rallied in the early parts of July, before paring recent gains towards the end of the month as investors reassess Fed’s moves. Following a
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