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05.04.202116:42 Forex Analysis & Reviews: EUR/USD shows signs of trend reversal

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 05.04.2021 analysis

EUR/USD

The euro has broken above the level of 1.1770.

The first target is 1.1830.

The top target is 1.2050.

The ISM Services PMI jumped to 63.7, well above economists' forecast of 59.

Jozef Kovach
Analytical expert of InstaForex
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