EURUSD is Bullish
Price was in a strong downtrend, however a matured bullish divergence seems to be at play as pervious lower high is broken successfully. If the bulls continue to exert similar pressure then we can expect further slide in price action as per Dow theory. Targets are mentioned on the chart.
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Disclaimer
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.