Hi Traders!
EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support.
Here are the details:
The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237.
Preferred Direction: Sell
Technical Indicators: 20 EMA
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Trade safely and responsibly.
BluetonaFX