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28.10.202113:42 Forex Analysis & Reviews: EUR/USD analysis for October 28, 2021 - Supply zone on the test and potential for the downside rotation

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Technical analysis:

EUR/USD has been trading upside in last hours but I see potential for the downside movement. Today is ECB day so we can expect bigger volatility.

Trading recommendation:

Due to the breakout of the the big base in the background and downside movement I see potential for thee downside movement.

Watch for selling opportunities with the downside targets at 1,1583 and 1,1550.

Key resistance is set at the price of 1,1625

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