🔔 Euro is below the trendline of March 23, 2020 and tested this dynamic support as resistance and was forced downwards.
🔔 Currently Euro is testing the 1.18400 support line and if closes below, will continue the downfall. The current level is also Fibo 0.786 of the uptrend of March 31, 2021.
🔔 Positive US NFP data might support the downtrend continuation of the pair. Up until now, Euro looks bearish against the US Dollar.
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