jorhl

euro down to test the daily resistance

Short
FX:EURUSD   Euro / U.S. Dollar
Although the dollar seems weak in a longer term projection, the current resistance levels have proved to stop the price from going forward unless a retracement is seen. current 4h is showing signs of reversal and the potential move downside would possibly retest the previous daily resistance area at 1.1950 and below. NFP at the end of the week, potentially more volatility around then.
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