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ThinFog
Jul 28, 2021 6:40 AM

EURUSD downtrend continuation Short

Euro Fx/U.S. DollarFXCM

Description

I think EURUSD might continue its downtrend given that it retested and consistently struggled to break the critical resistance of 1.1850, which for me would signify a pending reversal to uptrend.

Trade closed: stop reached

As mentioned EURUSD might reverse to uptrend after it broke above the long term resistance.
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