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Eurusd has rejected from near to its resistance level at 1.1000 level. Now 1.0980 level will act as resistance for this pair. We can get bearish rally again from this pair below this level.
On h4 time frame, we can see that spinning top candle has been formed after some bullish movement. After spinning top, a big bearish candle has been formed. So it can be a indication for bearish momentum for this pair.
This pair is still following upward trend line on h4 time frame. So this pair should hold this and traders can take buy entry after touching the trend line.
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