EUR is currently trading below its daily pivot line 1.1206. Unless this pivot line is clearly broken to the upper side with a big red candle, I expect a decline in price towards 1.0443. on the weekly chart above, I expect a rise towards the resistance line 1.1448 and even a breakout to the upper side. If this is the case, then we'll wait for a retracement to the just broken line to rebuy this pair. A rejection from 1.1448 may mean a key reversal and could go short for a long time.
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