EU set to continue downward movement in line with higher TF

FX_IDC:EURUSD   Euro / U.S. Dollar
101 0 1
1- last week weekly candle shows a very strong rejection pattern.
2- daily candle on Friday show bearish movement with strong rejection at the blue colored support zone
3- next week would see retracement upward before continuing downtrend.
4- two resistance line in red noted for possible shorting opportunity
5- 1.12000 round number might be the best place to see shorting opportunity.

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