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EURUSD

The currency pair shows a continuation of the downward movement after a slight rebound. Currently, we can observe colloquially called the inverted saucer formation. This usually means that the movement will continue towards the designated curve, so it is worth considering a short position as a continuation of a higher order trend. If you want to enter long positions, not earlier than after crossing the place marked on the image, because there is resistance at this level.

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