ChartAddicts

EURUSD: Fakeout or Breakout?

Short
FX:EURUSD   Euro / U.S. Dollar
Daily Time Frame: Price had broken below 1.17500 key psychological support with strong bearish pressure. If bears are back in this market, we can anticipate price coming down further. Look for pullbacks to 1.17000-1.17500 for potential selling opportunities. Due to the uncertainty of market fluidity, risk management is highly recommended.
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