ForexTrendline

A short-term drop on EURUSD

FX_IDC:EURUSD   Euro / U.S. Dollar
We can see that the upside move is slowing down and it's time for a short-term move in the opposite direction to around 1,0650.

As we said yesterday, EURUSD is one of the pairs that we are currently not trading.

This drop could continue to around 1,0600 but we're still expecting higher values then.


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