Forex EUR/USD Daily Video, July 08, 2021

Sive Morten

Special Consultant to the FPA
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18,664
Good morning,

It seems that EUR indeed is watching down, and we're mostly aimed on 1.1630-1.1650 major daily target. Since some intraday extensions have been hit - we could get the bounce within a day, but currently it is no reason to suggest solid retracement:

 
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