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Stop!Loss|Market View: EURUSD

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🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the EURUSD currency pair☝️

Potential trade setup:
🔔Entry level: 1.18795
💰TP: 1.17785
⛔️SL: 1.19652

"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
👇In the comments👇 you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts.

💬 Description: The euro's aggressive approach to key resistance near 1.19 creates a potential reversal. However, the lack of price consolidation near 1.19 is crucial. If we see accumulation, a downward reversal is unlikely in the near term. If buyers take the initiative, we should expect a rise to 1.2, from where the next potential downward reversal is expected.

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