EURUSD is forming consolidation. In a few hours the US GDP and unemployment claims will be released. Analysts speak in advance about possible weakening of the dollar, in this case the currency pair may strengthen, but most likely it will follow after the retest of the trend support
A pullback before growth may follow:
1) resistance retest leads to symmetrical triangle formation 2) The market target is around 0.382-0.5 Fibo 3) Bullish trend 4) News today. During the news there will be a surge in volumes
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