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FatPandaCapital
Jun 15, 2020 1:14 PM

EURUSD Downtrend Potential Continuation Short

OANDA:EURUSD240
EUR/USDOANDA

Description

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Possible downtrend continuation. Opportunity to short the pair at current area of value whereby bearish engulfing candle coincides with 38% Fibonacci pullback, break of recent short term up trend during consolidation and resistance at 1.1261.
Trend AnalysisChart Patterns
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