EURUSD
The FX market did not go far recently as the price action unwinds ahead of ECB on Thursday. But for now, USD remains strong which means that the EUR can still reach a new low, but we see a decreasing momentum within an ending diagonal so the downside can be limited. Ideally, the pair will touch the area around 1.0530-1.0500 from where we must be aware of a strong turn up, as an ending diagonal usually predicts a powerful reversal.
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