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MarcellusLUX

Bearish price action at the upper TL, EUR/USD may decline more

Short
Euro / U.S. Dollar (FX:EURUSD)  
MarcellusLUX  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
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trendanalysis chartpattern beyondta eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
In the daily chart, EUR/USD is showing bearish price action at the upper TL of the
broadening wedge. Multiple bearish candlesticks have formed in this area.

So, likelihood of a strong decline is increasing.

Selling EUR/USD@1.2030-1.2060 with SL above 1.21 and TP at 1.1850 is a possible
signal.
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