Euro / U.S. Dollar
Updated

EUR Price Alert: Caution Amid New Low Construction

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A new low is currently under construction, highlighting the importance of vigilance against false buying signals due to liquidity creation. Significant liquidity lies below 1.07966, waiting to be reclaimed before pursuing significant bullish momentum.

It's crucial to note the vulnerability of the recent high at 1.08639, which remains unprotected. There's a possibility of another high towards 1.08920 before a significant shift occurs.






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