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EURUSD Price Forecast Update – July 15, 2024

The EURUSD price has demonstrated new positive movements, approaching the $1.0915 level, with expectations to breach this level to validate an extension of the bullish momentum towards $1.1000.

Overall, we maintain our bullish outlook, supported by the EMA50, unless the price breaks below $1.0840 and sustains trading below this level.

Today’s expected trading range is projected between support at $1.0820 and resistance at $1.0980.

Trend Forecast: Bullish

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