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Updated on 18/02/2020 at 07:00 AM GMT

EURUSD

The pair moves inside a downtrend on the medium term and bounced up from level 1.0822 which represent as horizontal support level on the short term to correct before continuing the downtrend which confirmed by breakdown level 1.0822 which by break it down will support targets level 1.0776 then 1.0700 and the RSI indicator shows by moving around level 50 the increasing of the probability of continuing the downtrend and the stochastic indicator shows by bouncing down from level 60 the increasing of the probability of continuing the downtrend

Resistance levels 

1.0861, 1.0891, 1.0926, 1.0967

Support levels

1.0822, 1.0776, 1.0700, 1.0650