Resistance level 130.3 could not be penetrated in volume trading. There's been no correction and EURUSD is retracting. This spells a huge downward breakout soon. Drop it for 200 Pips profit. The Average trading range is also under a squeeze. No momentum, under squeeze with no correction and Base currency losing against USD spells "D.O.W.N.W.A.R.D"
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The Bounce, Short the Bounce.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.