SuperForex

EUR/USD - downtrend awaited

Short
FX:EURUSD   Euro / U.S. Dollar
Looking at the 4-hour chart we can see that the pair continued its growth towards the main support/resistance level.
Currently we are waiting for the development of a downward correction after which a new upward wave may take place. We advise to set Stop Loss around the mark of 1.1720 and Take Profit at 1.1640

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