Since mid-July, EurUsd has started to drop and the pair lost 600 pips since then in a clear down trend. However, after touching the end of May low support, the pair started to reverse and the last 2 daily candles indicate the possibility of reversal. Keep in mind though that we are now in the zone of a strong resistance and only a break above this zone would confirm continuation to the upside. In such an instance, traders could target 1.0770 zone
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