EURUSD: The 1.1585 area holds the 89EMA, the trendline that contains the downtrend and R1 pivot. We believe that sellers should emerge if this area is met, so we wait with Sell orders at these levels with stops above 1.1627. Initial target 1.1565 and 1.1530 next
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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.