Euro / U.S. Dollar

EUR/USD Analysis

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On the weekly chart, we can see that the Euro is moving toward liquidity (LQY) zones, in the opposite direction of the Dollar. Before a higher low is formed, the Euro has 3 major liquidity areas.

On the daily chart, we see very strong bearish momentum, which will most likely continue throughout the week.

On the hourly charts, the bearish structure continues.

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