EURUSD loses bullish momentum. We see a deceleration of the bullish impulse and a transition to consolidation that led to a breakout of the trend line below 1.08500. The next important level is 1.08000 because below that we can expect a stronger pullback, maybe even a return to 1.05000.
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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.