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Back Technical analysis
EUR/USD. Smart Money Analysis
The EUR/USD pair showed slight growth
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The EUR/USD pair showed slight growth on Monday, which may be a reaction to imbalance 12, which is considered "bullish." Thus, bulls have a new opportunity to launch an attack toward imbalance 11. Imbalance 11 remains a resistance zone for the EUR/USD pair, while the chart pattern has recently been quite complex and ambiguous.However, the problem is not only in the chart. For example, Friday's U.S. labor market and unemployment data were ignored. And they were ignored by the bears,
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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