EURUSD: Analyzing Support and Potential Long Position

Hello Everyone,

EURUSD is presently resting at a robust daily support level around 1.087443. Observing how it sustains this level will be crucial. The price is currently positioned beneath the weekly, daily, and yearly pivot points, a prudent approach is warranted for contemplating a long position. Nevertheless, the overall indicators remain favorable for a long position, with developments underway.


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