EURUSD

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EURUSD

EURUSD actually gave a clear signal of weakness when it lost its 20-day exponential average. The price has fallen to the averages we mentioned. The direction in the parity seems down. The 100-day average we pointed out has been touched. After the price imbalances are repaired with reaction movements, the price may continue to fall. Support: 1.078 – 1.0727 Resistance: 1.0878 – 1.0894