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EURUSD recently reversed up with the daily candlesticks reversal pattern Hammer from the key support level 1.07700 (which ah been repeatedly reversing the price from the start of April), strengthened by the proximity of the lower daily Bollinger band. With the moderately bullish euro sentiment seen across the markets today – EURUSD can be expected to rise toward the next resistance 1.09000 (top of the previous short-term correction (ii) from the start of May).
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