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Daily Technical Analysis and Forecast – 12 August 2025
EURUSD Forecast On the H4 chart, EURUSD recently formed a consolidation range around 1.1650, followed by a downward breakout. A decline towards 1.1525 is anticipated today, followed by a corrective pullback to 1.1608, and then another potential leg down to 1.1444. This scenario aligns with the Elliott wave structure and a downward wave pattern centered
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