Fx_Trader_ViSa

EURUSD Consolidation to downside trend.

FX:EURUSD   Euro / U.S. Dollar
EURUSD is trading near its resistance zone . Also, it is trading at 62% Fibonacci retracement levels, which will be a crucial level for EURUSD . Considering the chart pattern and important price levels we think, we might see consolidation to downside in EURUSD pair. Trade can be initiated for the short side with a trend as consolidation to the downside with proper risk management and stop loss.

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