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EURUSD range trading with some common technical levels defining the range

In this video, we analyze the current price action of EURUSD, which has been range trading with common technical levels defining the boundaries. The rally is limited by the presence of the 200-hour moving average, acting as a resistance level, while the downside is supported by the 38.2% Fibonacci retracement level.

Join us as we discuss the significance of these technical levels and their impact on the range-bound movement of EURUSD. We explore potential trading opportunities within this range and provide insights into how to navigate the market effectively.
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