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Euro / U.S. Dollar

EurUsd Sell (Daily)

By JHogarth
Here shows a simple analysis where The Euro is going to lose value against the US Dollar. Price not to long ago broke a major trendline and has been bearish ever since. Price is currently borderline testing a recent resistance Zone. After price test this resistance zone it will reject and sell towards the next support zone creating a new Lower Low for this new downtrend.
Bearish PatternsEURUSDfxcapitalonlinepmgzoTrend Analysis

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