EURUSD

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Hello Traders!

What are your thoughts on EURUSD?
Given the break of the support level, this currency pair is currently completing a pullback to the broken level. It is expected that after completing the pullback, the price will resume its downward movement toward the specified target level.

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Currently, we observe that EURUSD is in a range-bound movement leading up to Friday’s Non-Farm Payroll (NFP) data release. The market appears to be awaiting these key figures, and the major price action is likely to unfold after the NFP report.
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