Sphyn-Trader

EURUSD: Downtrend!

Short
Sphyn-Trader Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD languishes near six-month low, looks vulnerable below mid-1.0600

EUR/USD vulnerable after decisive break below 1.0700, resuming downtrend. A daily close below 1.0650 suggests the pair remains vulnerable to further losses as it looks for the following support to emerge at 1.0625 and then 1.0595. A rally above 1.0830 will change the current outlook to neutral.
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