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EUR/USD technical analysis

19 Nov 2019 02:17 PM

After successfully achieving the target we mentioned at 1.1000, the pair is now testing 1.1070 resistance levels.

In case of a decline, we expect to target 1.1000 then 1.0875.

The resistance level in case of a break above 1.1070 will be the level of 1.1175 which represents the upper boundary of the descending channel.