We are a forex and commodities intermediary that accommodates
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EURUSD currency pair recently reversed down from the key resistance level 1.06000 (low which has been reversing the price from the start of June). The resistance level 1.06000 was further strengthened by the upper resistance trendline of the daily down channel from February and the 20-day moving average. Given the clear daily downtrend, EURUSD currency pair can be expected to fall further toward the next support level 1.03600 (which stopped the previous waves (3) and 1)).
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