Ash_C

OPEN SEASON FOR THE BEARS

Short
FX:EURUSD   Euro / U.S. Dollar
The last weekly candle closed very bearish and entered a weekly key level which may turn into resistance again if price breaks below. Thanks mostly due to how bearish last week's candle closed, I'm expecting a break below this level. A strengthening U.S. Dollar (DXY) should also play a role in the weakening of the Euro this coming week. I anticipate a move down to test daily support at 1.1000.
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