Since start of this year we have seen buying interest on EURUSD and the pair edged higher around 500 pips before retracing back 300 pips. This recent down move very likely looks like a correction and I am expecting price to move higher in coming days towards 1.0870 resistance. Should price move further down then 1.0450 level is expected to hold as support as we have seen lot of buying interest at this level last time.

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