Euro / U.S. Dollar

Support zone on EURUSD

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The expected decline started yesterday, it’s important now to determine the zone where it can reach.

The levels 1,0779-1,0807 now represent the current support zone.

Upon reaching this zone we will watch for an exhaustion of the decline and pullback.

This will provide a buying opportunity aiming 1,1080.

GDP annualized Q1 for USD will be published today.

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