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Euro / U.S. Dollar
Short

EUR/USD:SELL From Resistance FIBO 61.8% Red Flag SHORT

By FOREXN1
Updated
EUR/USD inside a Strong Downtrend in the last session created a Bearish Flag after the retest on the previous resistance level in confluence with the 61.8% Previous FIBO Swing Level. The Stochastic seems ready to Drop on the lower side of the chart and the RSI is turned bearish. The price is still under the 200 Moving average and all these clues are about a new SHORT setup.
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