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EURUSD 27.2.2025
General Trend:
The price is moving within a sideways range between 1.0281 and 1.0527, with strong resistance at the upper boundary, indicating a clear consolidation without a dominant trend at the moment.
Expected Scenario:
Bullish Scenario:
If the price breaks above 1.0527, it may target 1.0570.
Holding above 1.0570 could lead to further gains towards 1.0650.
Bearish Scenario:
If the price fails to break 1.0527 and reverses, it may decline towards 1.0400.
A break below the 1.0281 support level may push the price towards 1.0200.
Key Levels:
Resistances: 1.0527 - 1.0570 - 1.0650
Supports: 1.0400 - 1.0281 - 1.0200
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
