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Short

EURUSD Short

FX:EURUSD   Euro Fx/U.S. Dollar
We will now enter a trend continuation trade in the EURUSD             . The market has already reached a resistance area and was rejected. This means that there is still a big selling pressure in the resistance zone. There is also a bearish trend line close to the price action.

If EURUSD             will actually go up, I don't think that it will be because of a touch in the support zone. It will likely create a double bottome first before continuing up.
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