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Short

The EURUSD in Resistance Zone

FX:EURUSD   Euro / U.S. Dollar
Last post: June 4th. See chart.

Review: Price was faced with a strong support zone on the weekly time frame which led to the pullback seen on the daily time frame.

Update: Price has continued to pullback deeper into a resistance zone .

Conclusion: Continuing to stand aside until a clearer trend direction presents itself.

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