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By one of our contributor trader77330
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Fundamentally : Euro will be downsizing, latest news, Italian Banks are more affected because of Brexit. Still coping the damages. USA on the other end has stable market as compared to Euro.
Fib levels to confirm: 0.5 below to short.
At the next opening, the trend should be bearish .
Also, the price is under tenkan sen and kijun sen. In lower timeframes this is also the case.
So, if the configuration is still the same at the market opening, I would advise to be short on this pair.