Either a rebound or a breakout imminent on EURUSD

EURUSD is heading towards a line of 1.1881. If this movement continues, we expect the price of EURUSD to test 1.1881 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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