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ForexTrendline
Jan 12, 2021 5:40 AM

EURUSD will fall below 1.2100 Short

EURO / U.S. DOLLARICE

Description

In the last few days EURUSD has started a down movement of H1.
This rise in USD is observed for all currencies.

At USDCHF we saw an increase:


After EURUSD has already fallen by 200 pips from the highest values, we expect it to continue and go below 1.2100!

Before that, however, it is perfectly normal and even healthy to make a correction to 1.2210.

This will be a good opportunity to enter sell trades.

If you have questions about how to trade this or another situation, contact us!

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Comments
Dave-FX-Hunter
Excellent point
peterjoshua
N that won't happen, it will start to rise to a retest.
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