EURUSD is trading in a local bearish trend.
The price is following a falling trend line for quite a while
and for now, it serves as a strong resistance.
This week the price was consolidating within a descending triangle.
Yesterday its support was broken and now we see a retest.
Chances are high that EU will drop now.
First goal - 1.184
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.