MarcPMarkets
Short

EURUSD Weekly Short

FX:EURUSD   Euro Fx/U.S. Dollar
Trend is bearish . Weekly lows taken out. This opens the way for further selling. Lower risk opportunities can present themselves upon a retracement on a smaller time frame. Will be watching for those, especially deeper retracements. Be aware of the support zone coming up in the 1.1089 - 1.0981 area. If price presents a reversal structure here over the coming weeks, risk on the short side can increase significantly. Adjust expectations.
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