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📉 EUR/USD 4H Chart Analysis
The price is approaching a significant resistance zone marked between 1.03432 and 1.03501, where potential sell opportunities could arise. If the zone holds, we might see a bearish continuation targeting lower levels around 1.02500.
Key Highlights: 🔹 Resistance zones clearly defined. 🔹 Bearish momentum is dominant after the recent breakdown. 🔹 Watch for rejection signals in the highlighted zone for possible entries.
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The price is consolidating above the key demand zone between 0.90396 and 0.90491, showing potential bullish momentum.
Key Scenarios: 🔹 A breakout above 0.90800 could trigger further upside. 🔹 Watch for strong rejection candles within the demand zone for a potential reversal towards higher levels.