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Back Technical analysis
EUR/USD Forecast on February 26, 2026
During Wednesday, the EUR/USD pair rebounded
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During Wednesday, the EUR/USD pair rebounded from the 61.8% retracement level at 1.1770, reversed in favor of the European currency, and rose toward the 50.0% Fibonacci level at 1.1830. A rebound from the 1.1830 level would favor the U.S. dollar and lead to some decline toward 1.1770. A consolidation above 1.1830 would increase the likelihood of further growth toward the next corrective level of 38.2% at 1.1889 and would most likely signal the end of the bearish trend.
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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