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The_Forex_Insider
Jan 17, 2021 5:50 PM

Eurstoxx lower Short

Euro Stoxx 50 index of European listed sharesFXCM

Description

The rising wedge off a strong rally Eurostoxx50 shows us that the momentum on the higher is declining and inability to push to higher highs as easily.

Market closed below support signalling to further bearishness in the market.

This is a good entry however a pullback is also likely
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