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Technical analysis:
EUR/USD has been trading flag at the price of 1,1630 but I see potential for the downside movement.
Trading recommendation:
Due to the breakout of the rising Pitchfork channel in the background and contraction on Bollinger bands, I see potential for the downside movement.
Watch for selling opportunistic with the main target at 1,1570
Key resistance is set at 1,1668
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