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EUR/USD – Smart Money Analysis: The Euro May Face Strong Downward Pressure This Week
Last week, EUR/USD made several attempts
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Last week, EUR/USD made several attempts to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from imbalance 13. However, at the moment, it can be said that bullish traders lack sufficient momentum for a renewed advance. The chart structure currently suggests that the reaction to the bullish imbalance was weak and unconvincing, while the reaction to bearish imbalance 15 was clear and precise. Therefore, I believe that the probability of
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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