EUR/USD Correction UP

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#trading_idea #EURUSD 💡

💸 Euro Outlook


On the 4H chart, the price is testing the resistance zone at 1.03726. MACD and Parabolic SAR suggest a potential upward movement. However, the pair remains below the 100-period moving average (MA100).

🔼If the price breaks up the resistance at 1.03726, further rise towards 1.0401 is likely.

🔽Alternatively, in case of false breakout, slide towards 1.034 support and lower is possible.


🔷 😎 Choose "👍" if you expect a price will rise and "👎" if you expect a decline.

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