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THE/USD Price Analysis: Key Levels to Watch at 3.4800

THE /USD pair is currently trading at 3.4800, and the next move could be crucial. Here's what traders need to know. 📊

🔻 Support Zone: Watch the 3.4500 level closely. If the price holds here, there could be a potential rebound. However, a drop below 3.4500 might target the next support at 3.4000, signaling further downside.

🔺 Resistance Watch: The 3.5000 level is key resistance. A breakout above this could spark a rally, pushing the pair towards 3.5500, creating new bullish opportunities.

🎯 Entry Strategy: Consider entering near 3.4500 if the price shows signs of holding the support, with a tight stop-loss. Alternatively, a break above 3.5000 offers a strong entry for potential upward momentum.

Stay alert to these levels—this pair is setting up for an exciting move! 💹

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