Forex EUR/USD Daily Video, July 05, 2023

Sive Morten

Special Consultant to the FPA
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18,681
Good morning,

Despite that EUR holds bullish context theoretically, standing above 1.0850 area, we see new bearish signs and now avoid new long positions, and suggest that downside breakout and reaching of 1.0810 target looks more probable now:

 
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