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EURUSD: Important Decision Ahead! Watch Carefully



Hey traders,


EURUSD dropped nicely on Friday with NPF data.

The price is now testing a summer's low.


Taking into consideration that the market tends to set lower lows on a daily after the retracement

from previous ones, I believe chances are high to see a structure breakout again.


Next week wait for a daily breakout (daily candle close below) of the underlined yellow structure support .

It will be a trigger for a further decline.


Next support will be 1.171


Alternatively, you can also look for a pullback from a current low.

You will need an intraday confirmation to buy wisely.


Good luck!


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