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16.09.2021 03:04 PM
EUR/USD - Sellers in control and potential test of 1.1740

Technical analysis:

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EUR/USD has been trading downside as I expected. Sellers opportunities on the rallies are still preferable.

Trading recommendation:

Watch for selling opportunities on the rallies with the downside targets at 1,1735 and 1,1670.

Stochastic oscillator is showing no signs for the reversal, which is sign that sellers are in control.

Resistance is set at 1,1800

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