FXAutomate

Bearish Continuation

Short
FX:EURUSD   Euro / U.S. Dollar
Last week saw the EURUSD pulling back towards the previous resistance zone from where price action clearly dictated rejection. At this stage, a move challenging the previous lows @ 1.170 is very likely. If price were to find support from the Monthly Pivot @ 1.179 then a move back to the resistance zone @ 1.190 is likely the most probable move.

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