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Euro / U.S. Dollar
Short

Possible Short on EURUSD. Strong Bearish Bias

By LordZanda
The market is in a strong downtrend. On Thursday, there was a break of Wednesday's low, showing the sellers' willingness to continue the decline. On Thursday, there was a buying movement in the premium zone, which to me was a false move, a pullback. On Monday, there was a downward movement toward the low at 1.08111, and after the break of this level, I expect the price to rise above the 50% level so that sellers feel comfortable continuing the movement. EURUSD
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Beyond Technical AnalysisTrend Analysis
LordZanda

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