Euro / U.S. DollarShort
EURUSD resumes the bearish trend
Target: 1.1185
Risk: 1.1520
Technical reasons:
The EURUSD pair consolidated below the descending channel’s resistance, and declines to achieve our first target at 1.1340, waiting for more decline towards 1.1185.
Surpassing 1.1520 will stop the expected decline and push to turn to rise.
Risk: 1.1520
Technical reasons:
The EURUSD pair consolidated below the descending channel’s resistance, and declines to achieve our first target at 1.1340, waiting for more decline towards 1.1185.
Surpassing 1.1520 will stop the expected decline and push to turn to rise.
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