FX_Rhapsody

EURUSD Breakdown Analysis

Long
FX:EURUSD   Euro / U.S. Dollar
Looking at EURUSD, we see a strong downwards trend line again being revisited by price. Will there be a daily candle breaking the trend line, touching the -50% Fibonacci target area ( for those that's currently in a sell ) and then pulling back and closing above the trendline and start heading up? Lower timeframes will tell the tale.
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