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06.09.202113:46 Forex Analysis & Reviews: EUR/USD analysis for September 06, 2021 - Absorption of the buying climax in the background and potential for bigger drop

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Technical analysis:

Absorption of the climatic buying from Friday. Watch for potential downside movement and test of 1,1800

Trading recommendation:

Due to absorption of the buying climax in the background and the breakout of the rising trend line, I see potential for the drop towards 1,1800.

Watch for selling opportunities with the downside targets at 1,1835 and 1,1800.

Key resistance is set at the price of 1,1905

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