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EUR/USD: market to reach nearest support

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2-7-2018-EUR-H4.png

There's a local 'V-Top' pattern, so the market is likely going to reach the nearest support at 1.1599 - 1.1565. If a pullback from this level happens next, there'll be a moment for an upward price movement towards another resistance at 1.1673 - 1.1720.

2-7-2018-EUR-H1.png

We've got a 'Triple Top', which pushed the price lower. The main intraday target is the closest support at 1.1586 - 1.1572. Meanwhile, a pullback from this area could be a departure point for an upward price movement towards the next resistance at 1.1661 - 1.1679.

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