EURUSD: Breakout & Bearish Continuation
Updated
EURUSD is trading in a local bearish trend.
The price is following a falling trend line for quite a while
and for now, it serves as a strong resistance.
This week the price was consolidating within a descending triangle.
Yesterday its support was broken and now we see a retest.
Chances are high that EU will drop now.
First goal - 1.184
Note
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