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EURUSD

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 #FX# The 4-hour chart shows that the pair trades near the mentioned daily low, developing below all of its moving averages and hinting at further declines ahead. At the same time, technical indicators maintain their bearish slopes within negative levels, in line with a bearish extension towards 2021 low at 1.1185. The resistance is around 1.1385. #trading# 


 
EURUSD
 

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