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On the Euro versus dollar chart, we see a breakout of support that was held for a long time, for the entire month. When we had the first signal of a rebound, the market verified expectations. The red trend line shown was finally not broken and as you can see the downtrend was maintained. Next stop shown in the second image where the price has already reacted before setting a resistance which will now be our support. The range is not far, because only 50 pips, but on a day when many banking institutions are off work, we can expect everything.

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