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In this brief market commentary, Vladimir Ribakov outlines his technical outlook for the EUR/USD pair. He states that as long as the recent low on the chart remains intact, any downward price movement should be followed by a further upward run, indicating a bullish bias. He also notes an emerging bearish divergence that aligns with both daily and weekly charts, suggesting that sellers may eventually take control. For a bearish (sell) scenario, he emphasizes that the low must be broken with more than two corrective waves before a sell position can be justified.

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