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EURUSD is continuing in the consolidation channel after breaking the weekly support at July 2022. After the major fundamental release on Non Farm Payrolls, EURUSD dropped to the Weekly support at 1.01070 and is expected to raise to the Resistance level 1.02750 with a minimum risk ratio.
Major Fundamental release on Consumer Price Index is expected to release on August 10 and the entry level is seen on the support 1.01800 with a minimum risk at 1.01500 with a maximum reward at 1.02750.
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