PiPyLongstocks
Short

Short Breakout for EURUSD

FX:EURUSD   Euro / U.S. Dollar
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5
Flat bottom triangle price patter formed.

White lines= Resistance and Blue lines= Support according to Dailyfx.com/Technical-analysis

I believe this pair should have a breakout to the bearish side and will have a nice continuation of the downtrend over the next 10 days.

Also after the FED rate hike you can double dip with a positive carry by being long on USD

Central Banks Current Interest Rate
European Central Bank 0 %
Federal Reserve 0.5 %

https://www.fxstreet.com/economic-calend...


Comment: Short entered at 1.0572

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