EURUSD, hidden divergence and inherent weakness.
The EURUSD pair has been in a very steep downtrend but recently consolidated from oversold levels. The hidden divergence might be signaling a good entry for a bearish continuation.
Fundamentals also favor a bearish bias (ECB dovish vs FED hawkish).
Careful about the next strong support though (green lines).
Fundamentals also favor a bearish bias (ECB dovish vs FED hawkish).
Careful about the next strong support though (green lines).
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