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EURUSD 4hour Analysis 5/17/20

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD Short Idea

All higher time frames are significantly bearish and have been in a steep daily bearish channel.

Currently we are looking for short opportunities only and are looking for bearish setups to enter short on.

The blue arrow represents a high probability trade given we see the proper confirmations. Look to target lower toward major support levels

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