EURUSD is in a long-term pivot to go short but the market is still in a accumulation phase of collecting orders and so we are still not in the position yet to commit to longer targets. We are looking at short term draw on liquidity like yesterday's NYC session and are accounting for a possible accumulation there after to the upside potentially.
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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.