We are still expecting to see a continuation on the downside move on EURUSD.
Yesterday, we saw sharp rise in price without any selling opportunities.
That indicates for a continuation of this pullback and that it is still early to sell.
There's a chance for a possible push, but just for a short period of time.
Then we would expect price to reach values around 1,1300-1,1350.
There's also some important news in the end of this week and we might see this pullback continuing to develop until then.
We don't recommend trading this pair right now, but we would rather look at other instruments.
Yesterday, we saw sharp rise in price without any selling opportunities.
That indicates for a continuation of this pullback and that it is still early to sell.
There's a chance for a possible push, but just for a short period of time.
Then we would expect price to reach values around 1,1300-1,1350.
There's also some important news in the end of this week and we might see this pullback continuing to develop until then.
We don't recommend trading this pair right now, but we would rather look at other instruments.
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