EURUSD is forming a Bullish pattern, which indicates the trend will continue. so the price has formed a rejection and has the potential to strengthen. The price may move up from the closing level of yesterday's daily candle to the 38.8% retracement target level. When testing this level, downward price movement is possible with the target level 50.0% retracement. After reaching this level, the price can move up with the target of the 50.0% retracement level.
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