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Back Technical analysis
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Back Technical analysis
EUR/USD Forecast on February 24, 2026
During Monday, the EUR/USD pair rose
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During Monday, the EUR/USD pair rose to the 50.0% corrective level at 1.1830, reversed in favor of the U.S. dollar, and declined to the 61.8% Fibonacci level at 1.1770. A rebound from 1.1770 would favor the euro and a modest rise back toward 1.1830. A consolidation below 1.1770 would increase the likelihood of further decline toward the next corrective level of 76.4% at 1.1696. The wave structure on the hourly chart remains straightforward. The last completed upward wave failed
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Grigory Sokolov
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