Anything can happen in FOREX. There's no 100% sure
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EUR/USD Remains Bearish, Testing the 1.30 Handle; 1.2875-1.2885 Could be Next
Bearish continuation: The EUR/USD continued its downward course after a couple sessions of consolidation. The 4H chart shows the breakdown during the 2/28 US session, a pullback during the 3/1 Asian session, and then a continuation through the European session. The moving averages in the 4H chart are in bearish alignment, and the RSI reading has been holding under 60, reflecting maintenance of bearish momentum. 1.30, 1.2875-1.2885: As we start the 3/1 US session, EUR/USD is cracking the 1.30 handle. In the daily chart, we see that below 1.30, there is room to fall until the 50% retracement of the July-Feb rally ... (full story)
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