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jasperlawler
Jan 14, 2021 7:09 AM

EUR/USD - Joe Biden will kill the Uptrend Short

EUR/USDOANDA

Description

Fundamentals - Joe Biden is going BIG on stimulus and US yields are spiking alongside inflation expectations
Technicals - The weekly chart has posted a confirmed 'shooting star' reversal - and with today's breakdown is now pointing to a more bearish 'evening star' reversal.
The 4h chart shows the short term uptrend has broken - and a new downtrend is opening up.
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