As anticipated in my previous analysis, EUR/USD dropped from the 1.12 resistance level and successfully hit my 1.10 target. The pair continued to decline, breaking below the 1.0950 technical support, and is now heading toward the next key level at 1.08.
I expect the 1.08 level to be reached, followed by a period of consolidation and a potential rebound.
In conclusion, I’m looking to buy around this level, aiming for a target of approximately 100 pips.
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