The EURUSD market made a complex pullback and later it bounced off the support level after a double bottom. EURUSD will probably keep ranging until tomorrow because there's no high-impact news. Therefore, price action might move between support and resistance zones. The price broke through the upward channel. I expect the market to move upward to retest the top of the range then go downward. My goal is the support level around at 1.08338
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The U.S. dollar struggled to keep gains on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rate cuts forced a pause in its data-spurred rally late last week.
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