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EURUSD 11 April 2023

EURUSD 11 April 2023 on the H4 timeframe. It can be seen that this pair is ranging in Kumo Cloud. After experienced a drop yesterday, this pair managed to bounce back rose towards R1. when referring to the stochastic and RSI indicators, the bullish trend looks likely to continue. Therefore go-long can be an option. But still have to be wary of potential trend reversal.

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