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Back Technical analysis
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Back Technical analysis
Forecast for EUR/USD on December 2, 2024
On Friday, the EUR/USD pair continued
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On Friday, the EUR/USD pair continued trading above the 323.6% Fibonacci level at 1.0532. However, on Monday, the pair reversed in favor of the US dollar and consolidated below 1.0532. This indicates that a new downward wave is likely to begin today, targeting 1.0420 and 1.0320. The current wave structure is straightforward. The last completed downward wave broke below the previous low, while the new upward wave has yet
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Samir Klishi,
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