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EUR/USD Forecast: Flag Pattern Breakout, 1.1482 Target Before US CPI

Started by forex4you, Feb 10, 2022, 05:04 pm

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Feb 10, 2022, 05:04 pm
EUR/USD Forecast: Flag Pattern Breakout, 1.1482 Target Before US CPI

The EUR/USD pair maintains a bullish bias ahead of the US Inflation data. A valid breakout above the downtrend line could bring new long opportunities. Only a major bearish reversal pattern could invalidate an upside continuation. Our EUR/USD forecast sees the pair retreating a little in the short term as the Dollar Index has rebounded. … Continued


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