{quote} We need them to be very good; good is not enough now.
{quote} While above 1.0722, bulls are very good...
Bulls are evolving along the way
While I believe there’s potential for the EUR/USD pair to reach between 1.08000 and 1.08400, it’s important to remember that the market is unpredictable. It’s possible that external factors such as economic news or geopolitical events could influence the price in unexpected ways. Therefore, traders should always exercise caution and remain flexible with their strategies. Remember, being a successful trader is about managing risk as much as it’s about predicting trends.
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!(using sma20 as centre of gravity):I sense the price reaching 1.08. I might be wrong, but the storm has begun to dissipate, and it could reverse at any moment, in my opinion. Don't forget that everyone sees it as bearish, yet it reverses and falls, which is contrary to the norm for the pair to move with such clarity. This is worrisome. Will last week's closing point at 1.071 be the starting point for a rise? We will monitor and see.
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