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Back Technical analysis
EUR/USD Analysis and Forecast – May 22: Iran Will Not Hand Over Enriched Uranium to the United States
On Thursday, the EUR/USD pair once
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On Thursday, the EUR/USD pair once again rebounded from the 50.0% corrective level at 1.1630, declined toward the 61.8% Fibonacci level at 1.1578, rebounded from this level, and returned to 1.1630. This was followed by another rebound from 1.1630, once again allowing traders to anticipate a decline toward the 1.1578 level. Consolidation above 1.1630 would allow for continued growth of the euro toward the next corrective level of 38.2% at 1.1682. The wave structure on the hourly chart currently
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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