chanel
Short

Short Euro/USD on Weakness

FX:EURUSD   Euro/U.S. Dollar
After the Brexit, the pair has consolidated for awhile. The bears look to be back in control and looking to push prices lower after rejecting a short-term level at 1.1125. Bank reports show support at 1.0833 currently.

Technicals:
  • Rejection of short-term resistance
  • Rejection of MA's

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