The EURO after a big drop in the last period, in the last scenario, the price seems to breathe a little before a new Push in direction of the main trend, the Bearish one. The price after re-touches 1.0300 in confluence with a resistance zone and the dynamic trendline, works like resistance, in the first moment it rejects this area with a strong red candle meanwhile today all our clues are in direction of a new retest of this already talked area before finally drop down to the previous support 0.0950 or more.
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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.