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EUR/USD
Market Scenario 1: Long positions above 1.0874 with targets @ 1.0919 & 1.0947
Market Scenario 2: Short positions below 1.0874 with targets @ 1.0846 & 1.0801
Comment: European currency during yesterday’s session re-gained all its losses incurred on Monday against US Dollar, closing the day with 60 pips profit. Today the pair amid promising news out of Eurozone broke through both Resistance levels aiming to test the last one at 1.0992
Supports and Resistances:
R3 1.0992
R2 1.0947
R1 1.0919
PP 1.0874
S1 1.0846
S2 1.0801
S3 1.0773
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