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Back Technical analysis
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Back Technical analysis
EUR/USD Forecast on March 16, 2026
The EUR/USD pair continued its decline
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The EUR/USD pair continued its decline throughout Friday and by the end of the day worked off the 127.2% corrective level of 1.1440. A consolidation of quotes below this level will increase the probability of further decline of the pair toward the levels 1.1374 and 1.1282. A rebound of the pair's rate from 1.1440 will work in favor of the European currency and give a small respite to the bulls, who continue to rapidly lose positions. The wave situation
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Grigory Sokolov
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