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MarcellusLUX

EUR/USD resistance still intact in the weekly chart, more drop?

Short
Euro / U.S. Dollar (FX:EURUSD)  
MarcellusLUX  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
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trendanalysis chartpattern beyondta eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
Hello traders, in my previous EUR/USD idea, I recommended selling
at 1.2250. ( idea attached below). So, if you followed that, you must have
made 120 pips profit when price dropped to 1.2130.
EUR/USD bulls taking a breather, chance for the bears?

Currently, EUR/USD is just below the 1.22 key level and the resistance is still
intact on the weekly chart.

My recommendation is to look for sell entries closer to the 1.2220-1.2260 level if
bearish price action happens.
TPs can be placed at 1.2150 and 1.2070 respectively with SL above 1.2300.
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