Euro / U.S. Dollar

Analysis of EUR/USD

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As I mentioned in yesterday's analysis, the euro is in strong bearish momentum. What I was waiting for today was for the price to show me which direction it would move. Today, I took advantage of a sell opportunity on this currency pair.

Tomorrow, I will also wait to see what happens. What I anticipate could happen is a pullback followed by a continuation of the bearish momentum.

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