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Aug 18, 2025
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EUR/USD Chart on the hourtly time frameTechnical Indicator: The MACD indicator shows positive momentum, suggesting that the bullish trend could continue. Technical Analysis: The price is moving within an ascending triangle, indicating some consolidation before a potential breakout either upwards or downwards. If the resistance at 1.1728 is broken, the bullish trend could continue. However, if the support at 1.1617 is broken, a larger downward movement is likely.
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