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EURUSD DAILY OUTLOOK Extends range then consolidates

GVI · August 10, 2026
General

Trend: Short-term up

Momentum: Consolidating

Extended it range to 1.1500-80 following Friday’s weaker NFP but np more.

While 1.1550 is likely to set its intra-day tone (low so far today 1.1549), it would take a move below 1.1500-14 to negate current  risk and a market struggling for momentum to the upside.

(AT 4 hour chart)

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