EURUSD Breakdown Analysis
Looking at EURUSD, we see a strong downwards trend line again being revisited by price. Will there be a daily candle breaking the trend line, touching the -50% Fibonacci target area ( for those that's currently in a sell ) and then pulling back and closing above the trendline and start heading up? Lower timeframes will tell the tale.
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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.