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EURUSD UPDATE

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD Melted as expected and has finally taken out multiple lows and changed market structure to bearish - the pair is currently in a strong distribution phase off monthly supply and the psychological level of 1.07000.

Since yesterdays bearish impulse the price has now provided us with a nice retracement move - monitoring the 4H zone of confluence from a LTF perspective for potential SHORT entry confirmations

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