For several weeks, the EUR/USD has only known one direction - short.
This can be explained by the macroeconomic situation. Nevertheless, the tide could now turn.
If the zone, which is on average around the 1.0318 mark, is sustainably exceeded to the north, follow-up purchases up to 1.0380 could well follow. Short thoughts are still conceivable, but a somewhat more conservative stance should not be ruled out.
Below 1.0318, the chart technical situation is still short for the time being.
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