In the past few months, the EURUSD has moved sideways. However, last week, prices fell through 1.2150 support until the end of the week. This is a downtrend in this period. While the price swings below 1.2420, the market will continue to be the bear market in the short term. But only short when the short signal is clear. Target is at 1.1900.
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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.