Near the very key 0.618 level, looking for bounce

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Since EURUSD is trading near the 0.618 level, I expect consolidation and bounce in short term. We do not have a good R:R ratio to continuously short from the current price level. Bears are likely to close their positions.

Key support: 0.96
Key resistance: 1.05
Trade geschlossen: Ziel wurde erreicht
Chart PatternsTrend Analysis

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