fxpremiere

Eurusd downtrend

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD

The market is in the range zone. The price formed a double top the went lower. The market is struggling to make a new high. The price will stay in the range until news comes out today. Furthermore, the market has made an impulse leg down from this resistance area before. I expect the price to fall from resistance and test the lower boundary of the range. My goal is to support 1.08845.

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