Brexit and fundamental data are the most important components of EURUSD, but these long-term trend lines are probably impacting as well. Economic sentiment that came out on Tuesday was quite lackluster, pretty much like the overall EU economy. No more event risk this week other than Brexit. I wouldn't be surprised if the downtrend is extended, but my bias to EURUSD is still medium- and long-term short.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.