Euro / U.S. Dollar

Correction in EURUSD

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We saw an upside move in EURUSD yesterday, but the correction is not over yet.

By next week, we expect the sideways movement to persist and see a new test of 1.0900.

There is no basis for trades at current levels!

There is important support at 1.0866 and we will watch for a reaction and buy entry.

Selling is against the main movement and remains risky!

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