Euro / U.S. Dollar
Short

Is EURUSD about to reverse?

770
Yesterday EURUSD rose to 1,0440, yet failed to make a higher top.

It is still possible to see a rise but we’ll be watching for movement exhaustion.

We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible.

A breakout of the bottom (1,0278) is needed to confirm the reversal.

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