EURUSD: Bearish 1H Possible Rejection at 1.09070

The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations.
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Trade attivo:

So, the rejection at 1.09070 is now confirmed. Let's hope the price will reach the mid-point at 1.08250.

Commento:

Price is currently at the price level it rejected earlier today again. Let's watch with an eagle eye. The bull trend will resume if the level is unable to hold.