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15.08.2022 09:39 AM
Technical analysis of EUR/USD

EUR/USD:

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The chart shows the movement of EUR/USD in the hourly (H1) chart.

The pair will most likely look to test the strong support level of 1.021. Further, the correction will be completed, then will be followed by a reversal and growth to $1.031 per 1 euro.

In the event of the breakdown of the specified support level, quotes will decline to $1.015.

Good luck!

Daniel Liderman,
Analytical expert of InstaForex
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