EUR/USD Forecast for August 3, 2026
The pair has reached its primary target, completing the bullish margin cycle. A correction is currently underway, though its extent remains uncertain; both the 1/4 and 1/2 retracement levels from the high appear to be suitable areas for a potential pullback.
In the meantime, I maintain my target at the spot strike area, which is currently situated at 1.1580.
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