FG_Obelisk

Time to vacation in Europe?

Short
FX:EURUSD   Euro / U.S. Dollar
Comments in chart.
Additional comments: 20 Monthly Moving Average is now serving as resistance. 200 Weekly Moving Average is now holding the support of price in the weekly chart. Should price action trend continue, should the DAX continue its downtrend, should additional negative economic news come out of the primary countries within the European Union, this could potential drive the price to break its current important support zone.
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