EUR/USD Forecast 19/02

Expecting a trend continuation movement after the rejection of an important key area (50% of the previous up movement + Support)

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Now that the price has not been able to hold the 1.1071 area, the market is confirming the inmmediate downtrend, the first taget could be placed around the 1.09800 where is located an important level of resistance, and also close to that area is the Lower Limit of the Trend Channel where one can expect to find some demand.

Here is the other analysis

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