The EURUSD pair continues to fluctuate between the key levels represented by 1.2304 support and the resistance line that rises now to 1.2420, thus, we will continue with our neutrality until the price succeeds to breach one of the mentioned levels, noting that stochastic reaches the overbought areas now to contradict the EMA50 positivity. We remind you that breaking the mentioned support will push the price to visit 38.2% Fibonacci correction level at 1.2160 again, while breaching 1.2420 will push the price back to the main bullish channel and target areas that start at 1.2536 mainly.
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