RaymackTraders

EURUSD is showing some resistance on the upper end of it downtre

Short
INDEX:DXY   US DOLLAR CURRENCY INDEX
EURUSD is showing some resistance on the upper end of it downtrend channel on the daily chart. Also a rejection on a short term Fibonacci study . We are continuing to watch the EUR for indications that dollar strength will prevail and the pair may continue on its downside move.

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