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29.07.2026 10:45 AM
The EUR/USD pair made another return to the 23.6% Fibonacci retracement level at 1.1395 on Tuesday and consolidated above it. The direction of price movement is changing almost every day, and sometimes several times within a single day. A move higher towards the 38.2% Fibonacci level at 1.1438 is possible today. However, the Federal Reserve’s policy meeting could also trigger renewed selling pressure from the bears. The current technical picture clearly reflects the high level of global uncertainty affecting both
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