EURUSD has been in a downtrend for quite some time now, after the retest at its support of the EMA 20. MACD is showing no signs of decrease in momentum, but there has been a slight decrease in volume traded compared to 2019. The next support support would be at S3, where some substantial profits can be made. Some may decide to long at the next support.
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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.