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EURUSD after the plunge After the inflation release, the pa | FBS Analytics

EURUSD after the plunge

After the inflation release, the pair fell below the critical support of 1.0580 and almost reached 1.0520. Right now it's falling down through the support.

Usually, there is a second wave in the direction of the initial impulse. Therefore, we expect the pair to continue the trend and reach 1.04830 in mid-term.

All traders who participated in the CPI stream and opened a sell trade with us: congratulations!

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