EURUSD _ Daily Update

FOREXCOM:EURUSD   Euro / U.S. Dollar
Recent price action: Bearish
Pattern: N/A
Long-term momentum: Bearish
Short-term momentum: Bearish
Bias: Short until weekly support
Action: Close position once price hits weekly support (~40 pips)
Comments: High chance of reversal once price is trading around 1.16146. No real relief since early May.
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