EURUSD longer term picture

FX:EURUSD   Euro / U.S. Dollar
EURUSD is coming into the triangle. Below lower triangle's line market has a possibility to drop as low as 1.1742. That would be target No. 2. But on the way bears will meet some resistance at the target No. 1 at 1.2288. Unless EURUSD will pick itself up soon, negative market will dominate. And it could be for a long time.


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