The EURUSD at Resistance

FX:EURUSD   Euro / U.S. Dollar
Last post: May 30th. See chart.

Review: Price was faced with a support zone that included the weekly 200sma.

Update: Price has still not broken through the support zone but is now at resistance where the bears could come back in again.

Conclusion: Still standing aside until momentum to the downside resumes.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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