EUR/USD – Bouncing from its Support Zone as Predicted
The EUR/USD pair is bouncing from its support zone on a 30 minute time frame. This support zone was given in our analysis on the 27th of May. The price action is trading within the symmetrical triangle pattern, and if this pattern does break out to the upside, which they usually do, then the price could go towards the resistance level of 1.31085. However, if this pattern does break out towards the downside then it could go towards the 1.2746 support level.
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