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EUR/USD Rebound Expected

Pivot (invalidation): 1.0780

Our preference Long positions above 1.0780 with targets at 1.0835 & 1.0865 in extension.

Alternative scenario Below 1.0780 look for further downside with 1.0765 & 1.0740 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up.

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