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Back Technical analysis
EUR/USD. April 8th. A Ceasefire Has Been Reached!
The EUR/USD pair continued its upward
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The EUR/USD pair continued its upward movement on Tuesday, first consolidating above the 100.0% Fibonacci level at 1.1577, and then reaching the 76.4% level at 1.1696. A rebound from the 1.1696 level on Wednesday would favor the US dollar and lead to some decline toward the 100.0% corrective level at 1.1577. A breakout above 1.1696 would increase the likelihood of further growth toward the next Fibonacci level of 61.8% at 1.1770. The wave situation on the hourly chart
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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