EURUSD Retracement? 01.03.2023

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EURUSD Retracement? 01.03.2023 by BDSwiss_Academy on TradingView.com

The EURUSD has rallied the whole day.

This is an unusual move for the pair. Considering that
the news (ISM Manufacturing PMI) at 17:00 will not significantly impact the market, it
is possible to have the retracement back to 61% of the total move
as depicted by the green arrow.

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