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10.09.2025 10:22 AMTrend Analysis (Fig. 1).
On Wednesday, the market may start moving upward from the 1.1707 level (yesterday's daily close) toward the target at 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may continue rising toward 1.1788 – upper fractal (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive Analysis:
Overall conclusion: upward trend.
Alternative scenario: from the 1.1707 level (yesterday's daily close), the price may start moving upward toward 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may pull back downward toward 1.1732 – retracement level of 85.4% (yellow dotted line).
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
