This week's key level is the same as last week at 1.07750. The euro opened today's session with a bullish gap due to the buying pressure we had last week.

I said in last week's analysis that below 1.07000 was a buy zone, and institutional traders were buying on every dip. The target price is in the zone between 1.07750 and 1.08000.

Guys, what do you think? Leave a comment with your thoughts.
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