Hello dear traders. Today’s forecast for the EURUSD pair is based on the breakdown of support and resistance. The price is near the daily Fibonacci level. As you can see on the chart, we expect a breakdown of the level of 1.074, after which the price should
test the level of 1.071.
If we consider the stochastic, it shows that now we need to buy a PUTT option.
Signal to buy a PUTT option to the level of 1.074.
After that, if the price breaks through, we expect a return, namely, the US dollar will weaken. This may be caused by the release of economic news.
It is important to draw up a work plan and correctly divide the working deposit.
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