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junjie_s
Jun 21, 2020 1:05 PM

EURUSD Weekly Forecast Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD has begun a downtrend after peaking out near previous high this week.
However, with such a strong uptrend, a large retracement would be expected as well.
This week, should price break below the current demand zone, it would confirm further downside.
Thus we could await a pull back before selling EURUSD again to next level of support.
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