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EUR/USD price movement, August 03, 2020.

analytics5f277b6ad7019.jpg

EUR/USD is now trying to break through the Liquidity Pool at the 1.1909 level. However, before Fiber breaks through the Liquidity Pool at 1.1909, the pair will decline first. This scenario is likely to come true if the pair does not close bellow the 1.1699 level.

The overall bias for EUR/USD is bullish.

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The material has been provided by InstaForex Company - www.instaforex.com