EURUSD is heading towards the support line of a Falling Wedge. If this movement continues, the price of EURUSD could test 1.0781 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Supported by Downward sloping Moving Average
Target: 1.0781 Entry: 1.0811 Stop: 1.0843
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