noahgregory

EURUSD short idea

Short
FX:EURUSD   Euro / U.S. Dollar
I think that price will continue in a downtrend following it's interaction with both the strong resistance and the 23 fib at the monthly level (red).

Price might consolidate when it reaches the support that's been historically respected on the weekly frame (orange), but will continue descending down the prominent channel (red).
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