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DeGRAM
Mar 27, 2023 8:53 AM

DeGRAM | EURUSD potential bearish trade Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD pulled back from the 1.09300 resistance level.

The market created a descending channel.

Price action will most likely bounce off the confluence level: 50% fibo + dynamic resistance 

Notice we have a bearish momentum swing and a sluggish bullish move.


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Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
farid_alexander
What about your idea on 24 Mar? You showed that EUR was bullish till 1.09
FOREXN1
Agree possible scenario Ahead !
DeGRAM
Good luck in the markets and have a great trading week!
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