EURUSD - Retesting 1.1200

Razvan Mihai

Analyst

The price of the most traded currency pair has been trading lower compared with the beginning of this week. We believe that the dip might continue until the price will reach 1.1200, or even 20-30 pips lower  hitting a support area. From here we expect a bounce back towards 1.1300 or maybe a rally above the local highs.

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