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Midday update for the EURUSD 08-06-2023
The EURUSD pair shows new positive trades to fluctuate at 1.0730 again, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend active, which targets 1.0650 mainly.
Note that breaching 1.0730 and holding above it will stop the negative scenario and lead the price to build bullish wave that its targets begin by visiting 1.0795.
The expected trading range for today is between 1.0630 support and 1.0770 resistance.
The expected trend for today: Bearish
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