ForexTrendline

The retracement on EURUSD continues.

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Last week we saw a retracement forming on EURUSD. After it broke out of the first resistance levels, we now expect to see market reaching the next ones.

The levels that we should see this week are 1,1430.
Once we see price reaching this level, we will be looking for a rejection. This will be our signal that this retracement has ended.

We will follow how this setup develops in our daily analysis!

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