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05.06.202014:10 Forex Analysis & Reviews: EUR/USD analysis for June 05, 2020 - Potential for the downside rotation due to overbought condiiton. First downside target at 1.1260

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Technical analysis:

EUR/USD has been trading upwards. The price tested and rejected of the level at 1,1365. I see potential for the downside rotation towards the levels at 1,12600 and 1,1195.

Watch for potential selling opportunities due to the overbought condition on the 4H time-frame.

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