Euro / U.S. Dollar

Is it time for a correction in EURUSD?

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Yesterday, EURUSD reached 1,0500 and then bounced back.

Throughout the week, the USD has been rising, and a pullback from profit-taking is likely to follow.

However, it’s uncertain whether this will happen today or next week.

So, don’t trade against the trend; instead, wait for corrections and watch for new selling opportunities.

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