Should we expect a bearish trend on EURUSD?

EURUSD has broken through a support line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 1.0728 within the next 20 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

Past performance is not an indicator of future results.
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