Should we expect a breakout or a rebound on EURUSD?

EURUSD is moving towards a line of 1.0920 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURUSD continues in its current trajectory, we may see it move towards 1.0920 within the next 21 hours.

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