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03.07.201909:57 Forex Analysis & Reviews: Burning forecast 07/03/2019 EURUSD and trading recommendation

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On Wednesday morning, the EURUSD rate showed new lows of the current week at 1.1270 - however, the price is approaching strong support at 1.1250 and a turn upward is possible.

From a technical point of view, purchases are possible from the zone of 1.1250 - 1.1270, as well as buying at a breakdown of 1.1325 to the top.

In case of a strong downward movement, selling is possible at a breakthrough downwards the level of 1.1180.

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