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Daily technical analysis and forecast for 17 July 2025
EURUSD Forecast – 17 July 2025 On the H4 chart, EURUSD completed a downward movement to 1.1562, followed by a corrective rise to 1.1720. Today, a further decline towards 1.1520 is expected as the next target. Upon reaching this level, a potential rebound towards 1.1675 could begin. This outlook is supported by the Elliott wave
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Daily Technical Analysis & Forecast – 16 July 2025
EURUSD Forecast On the H4 timeframe, EURUSD has broken downward from its consolidation phase, breaching the 1.1650 level. This opens the path for an extension of the downtrend towards 1.1520, with a potential drop to 1.1560 expected today. After touching this support, a corrective rebound toward 1.1650 is likely. The Elliott Wave structure supports this
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