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22.04.2020 01:22 PM
EUR/USD analysis for 04.22.2020 - Watch for breakout of the trading range to confirm further direction

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Technical analysis:

EUR/USD has been trading sideways at the price of 1,0885. I found the bracketing market between the price of 1,0813 and 1,0895. The eventual breakout of the trading range would confirm the direction. The EUR is much close now for the breakout of the resistance.

Stochastic oscillator is going upside, which is sign that EUR is in mini up-cycle.

Summary
Urgency
Analytic
Petar Jacimovic
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