Looking at EURUSD’s chart, we can see that in the past few days, the FX pair managed to climb towards its strong resistance level at 1 but then fell to the current support level at around 0.9705.

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Today, if it works to hold the rate above the level 0.97, then we could see it climbing towards the first resistance level at around 1.0740-1.0750. However, if it failed to hold it above that support level, then we could see it dropping towards the next support level of around 0.9640-0.9650.

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