hammadshahir

$EURUSD - Short Term Bias is Bearish!

Short
FX:EURUSD   Euro / U.S. Dollar
$EURUSD tries to break 1.105sh level two times and failed. It also broke below upside trend line. This level is forming a strong resistance zone, also keeping in view 200MA is passing from 1.11sh level. IMHO, it will reverse back to 1.09sh level. If price drop below MA9 and MA50, then we can a clear bearish trend.

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