EUR/USD has seen a move to the downside breaking its weekly zone due to fundamentals, the EUR has seen weakness due to vaccine concerns and the USD has seen strength due to stimulus and vaccine rollouts. what we are waiting for on EUR/USD is exhaustion to previous area of support which will now be resistance and then entry confirmation for a move down to our next weekly zone.
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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.