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Euro / U.S. Dollar
Short

BEARISH DIAMOND ON THE 4H

By diazfranj
Updated
The Euro had a bit of a rally on Friday however the United states dollar showed sudden pressure on the Euro mid day during US session. This sideways action has formed a clear bearish diamond on the 4H / 240 time frame. Im expecting EUR/USD will test lower support levels next week. The favorable support is 1.1500, we shall see next week but keep an eye on this textbook Diamond bearish reversal pattern.

This Is Not Financial Advice
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diazfranj

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