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Short

End of the Bullish Movement on EUR/GBP? by ThinkingAntsOk

FX:EURGBP   Euro / British Pound
-Daily Chart Explanation:


We observe that the last green candlestick closed very bullish towards the Resistance Zone . However, it did not make any new high, so, we are waiting for a Daily candle to close below 0.92000 to consider short opportunities. In case it happens, then the first target is the Confluence Zone between the Ascending Channel and the Support Zone . And, if this zone is broke, then the next target is the Support Zone at 0.86500-0.86600.


-Weekly Chart:






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