EUR/USD. April 1st. Bears struggle with the zone of 1.0785–1.0801

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01.04.2024 01:47 PM

On Friday, the EUR/USD pair tried to continue the process of falling and consolidate under the 1.0785–1.0801 support zone. However, today it is safe to say that the bears did not cope with their task. At this time, there is no closure under this zone, but the "bearish" mood persists, so we can expect a continuation of the fall in the direction of the corrective level of 0.0%–1.0696. Consolidation over the 1.0785–1.0801 zone will work in favor of the EU

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