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Technical analysis:
EUR/USD has been trading downwards as I expected. The EUR reached my yesterday's first target at 1,1260 and is heading for the second target at 1,1170.
Trading recommendation:
Watch for potential downside continuation and the breakout of the rising wedge on the 4H time-frame, which would confirm the further downside movement towards my second target at 1,1170.
Resistance level is set at the price of 1,1304
Support level is set at 1,1250
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