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Aug 12, 2025
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EUR/USD Chart on the hourtly time frameOverall Trend: Bullish within an ascending channel. Support: Near the lower trendline ~1.1600. Resistance: Upper channel boundary around 1.1690. MACD: Still negative but converging toward a possible bullish crossover. Outlook: A potential bounce from support is likely if the pair holds above 1.1600. Breaking resistance could trigger further upside.
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