Good day,

Last Friday the EUR/USD pair has closed with a long black candle, signifying the upcoming correction. The asset should gain support and reverse to jump from the uptrend:

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Based on the report by COT CFTC regarding Euro, large operators kept expanding long positions and decreasing the short ones for many weeks in a row. Currently, they prefer buying the asset. Hence, the behavior of market players confirms potential correction and continuation of the ascending move:

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The price of Russian ruble has pulled from the level of 72.70, targeting the level of 75.50, that is, 50% from the last descending move. The currency pair might reach the level of about 77 and go a little bit further.

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The price of the British currency began to correct itself on Friday. The currency pair might potentially jump next to the level of 1.2800 (1.2726-1.2813) and uptrend.

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