UnknownUnicorn15614419

EURUSD: still at risk

Short
FX:EURUSD   Euro / U.S. Dollar
And so, the Euro is still at risk of falling lower. Last week, the currency pair broke through the main support at 1.15890. In addition, one can notice a downtrend channel that has almost formed, the resistance line of which goes right through the resistance level of 1.15890 (former support). According to this context, the resumption of the downward movement is expected.

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