EURUSD continues to hover around 1,0500.

This Friday brings important news for the USD, making it a key moment to determine the next move.

A crucial support level is at 1,0432, and a bounce from this level could justify buying opportunities.

If a bounce occurs, we might see a rise above 1,0600.

At the current levels, there’s no basis for entry with a favorable risk-reward ratio.
FibonacciTrend AnalysisTrend Lines

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