The EUR/USD pair is testing the pivotal support level of 1.0760 without being able to break it yet, which keeps our neutral position in place until now, as we wait for this support to be broken or the resistance to be breached at 1.0860 to confirm the next trend more clearly.
We point out that breaching the resistance will push the price to conduct an additional upward correction, with its next target reaching 1.0960 while breaking the support will put pressure on the price to return to the main descending path and achieve negative targets that begin by visiting the 1.0645 areas.
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