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Euro / U.S. Dollar
Short

Bullish outlook on EURUSD: 2 August 2022

By OrtegaCapital
On the H4 timeframe, prices are testing a key support level at 1.010 where we could see further upside. A throwback to support level 1.0180, in line with the 61.8% Fibonacci extension provides an opportunity to play the bounce, with 1.0380 as the resistance target which coincides with the 50% Fibonacci retracement.
Trend Analysis
OrtegaCapital

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