Short

EURUSD PROjections week of 9/1

Overall, I do not believe this downward trend has completed. I do however feel a pullback will take place over the course of the week, potentially bringing in some limited short-term buy opportunities. The bearish momentum candle with the extended wick into the support zone suggests that bulls are willing to enter the market at these prices. I expect a small rally to run out of steam near the closest resistance zone when all the orphaned bears come to feast on an extended trip south. EUR, get your s*** together.

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