From a technical perspective, the Doji candlestick on Friday serves as a signal for a corrective rebound in the price of EURUSD. Conversely, the immediate downside of the pair is constrained by a horizontal zone with several levels, which has been observed since April 10 and is currently around 1.0840.
In general, EURUSD continues to be of interest to bears despite the recent rebound. Nevertheless, the potential for further downside movement in the pair seems restricted. #OPINIONLEADER#
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