Expert opinion: Caution #EUR (from Coinsradar.net)

EURUSD fell yesterday. The price is retesting the 1.0806 level. If rejected here, the price may drop to the strong support level of 1.07655.

I tend to take no action until the price hits 1.0834 or 1.0766 first. The overall bearish price action points to lower levels. A pullback to 1.0834 is a level to watch for rejection and further decline.

On the other hand, a drop to the double support and Fibonacci level of 1.0766 may provide a long opportunity with a target of 1.0806.

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