EURUSD Drop Stops? 27.07.2023

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EURUSD Drop Stops? 27.07.2023 by BDSwiss_Academy on TradingView.com

Finally we see that after the ECB conference the EURUSD has finally put a stop in the downward movement after finding important support levels.

Will this be the chance for catching the retracement? The arrow shows the 61.8 Fibo level at which the market could retrace. This is the most probable scenario for the day if we do not see any surprises to the downside.

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