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EURUSD 12.3.2025
General Trend:
The price is in a strong upward trend after breaking the previous resistance at 1.0527, reinforcing the possibility of continued bullish movement in the short to medium term.
Expected Scenario:
Bullish Scenario:
Sustained momentum above 1.0895 could push the price toward 1.0935.
If 1.0935 is breached, the price may extend its rise to 1.1132 and then 1.1203.
Bearish Scenario:
A break below 1.0895 could lead to a corrective decline toward 1.0527.
Further downside below 1.0527 may drive the price to test 1.0281.
Key Levels:
Resistances: 1.0935 - 1.1132 - 1.1203
Supports: 1.0895 - 1.0527 - 1.0281
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
