Decline in EURUSD


Yesterday, EURUSD dropped and reached 1,0458.

All current sell positions should have their risk removed.

Monitor how the price reacts around the next key support level at 1,0432.

If a rebound occurs, we could see a new rise above 1,0600.

This movement is against the main downtrend and should be traded with lower risk.

Larger fluctuations and a potential reversal are expected on Friday during the news.
FibonacciPivot PointsTrend Analysis

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