FX:EURUSD   Euro / U.S. Dollar
In terms of structure we are expecting a lower low. We broke our previous low and there is less buying pressure. I would expect price to move back down to the 1.205 level. Also looking at the previous down swing we can see a steeper angle, which suggest that selling momentum is building. Although caution is necessary, because of how bullish this pair has been over recent months.
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