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Euro / U.S. Dollar

Price analysis Eur/Usd

By pedram127
at the same with the breaking of the bold white trend line(dash line) and the stabilization of the price below this line and the registration of the new Low, we are witnessing a down trend . If the price can not be stabilized above the yellow horizontal line (1.221705), it creates the lowest low and can reach the targets (1.21546 / 1.21376 / 1.2190 / 1.20841 / 1.20696), respectively, and if above the line Stabilize and cross two resistors (1.22110 / 1.222203) in a bullish trend . The downtrend is more likely to continue, but the uptrend is also likely to occur . EURUSDsnapshot
Forexichimoku_traderMultiple Time Frame AnalysispriecactionSupport and ResistancetrendTrend Lines
pedram127

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