bullish advantage

EUR/USD

Yesterday, the weekly long-term trend accomplished its task and prevented the market from continuing the decline, maintaining the bullish advantage.

Today, on lower timeframes, we see the development of an upward trend, and the classic pivot points (1.1017 - 1.1047 - 1.1103) serve as targets. Key levels still form the most significant support zone, defending bullish interests at the levels of 1.0961 (central pivot point of the day) and 1.0933 (weekly long-term trend).

 

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