EURUSD: Maintaining a good bullish streak
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EURUSD experienced a price increase at the end of the trading session, but quickly formed a bearish candlestick after encountering resistance at 1.095.
On the price analysis chart, a downtrend trendline is being formed and it is testing the EMA 34, 89. The support levels at 1.088 and 1.085 will be the next potential entry points for this currency pair and act as catalysts for EURUSD to continue its upward journey.
EURUSD experienced a price increase at the end of the trading session, but quickly formed a bearish candlestick after encountering resistance at 1.095.
On the price analysis chart, a downtrend trendline is being formed and it is testing the EMA 34, 89. The support levels at 1.088 and 1.085 will be the next potential entry points for this currency pair and act as catalysts for EURUSD to continue its upward journey.
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