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Open long position on EUR/USD because
Based on the latest market data, EUR/USD is currently in a short-term weakening trend (bearish).
Last Price: Around 1.1519 – 1.1520.
Change: Experiencing a decline of about 0.61% over the last few sessions from the level of 1.1590 in early April.
2. Technical Analysis
Pivot Point: Located in the 1.1530 - 1.1540 area. As long as the price stays below this area, selling pressure remains dominant.
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