💬Description: Today, the market began to actively recover against the US dollar. Some instruments have already passed their ADR. However, it is very unlikely that this trend will continue throughout the day. A move in favor of the dollar is very likely.
Against this background, a small short on EURUSD is expected towards the level of 1.05194, where, within the framework of a retest of the level, market participants will once again be able to verify the authenticity of the local recovery against the dollar.
🔔FX CALENDAR TODAY:
🇬🇧GDP
🇺🇸Composite/Services/Manufacturing PMI (July-Pre)
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