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Jun 16, 2025
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EUR/USD Chart on the hourtly time frameGeneral trend: Upward within an expanding triangular channel. Despite the mixed signals on the daily chart—which indicate a potential bullish retest of the previously broken resistance zone between 1.1480-1.1450—the weekly chart has generated a fresh buy signal, reinforcing the bullish outlook. This supports our earlier projection of an upward move toward the 1.1900 target. In light of this, we maintain a buy-on-dips strategy, with an optimal entry zone around 1.1500. To manage risk, we will implement a two-day reversal stop-loss system, placing the stop-loss at 1.1405 to protect against any unexpected downside momentum.
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