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Back Technical analysis
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Back Technical analysis
Trading Signals for EUR/USD on May 26-28, 2026: sell below 1.1640 (21 SMA - 3/8 Murray)
EUR/USD is trading around 1.1622, pulling
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EUR/USD is trading around 1.1622, pulling back after encountering strong resistance near the upper band of the downtrend channel, and is consolidating around the 21-day SMA at 1.1622. As a result, we believe EUR/USD could continue its fall in the coming hours until it fills the gap around 1.1601 left at Friday's close.The euro could find strong support around 1.1596. This area represents a critical zone for a technical rebound, as the euro has been bouncing above this level since
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Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
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Dimitrios Zappas
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