EUR/USD is on the way to 1.121

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USD continues its active growth and has declined against EUR by 1.8% since Feb 1, 2019. Upward channel has been breached two times recently. The second attempt seems much stronger than the previous and has been formed by several candles.

We assume EUR/USD rate to decline down to 1.121, if support area at 1.128-1.13 is breached.

EUR/USD rate chart
EUR/USD rate chart
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