samcco09

EURUSD Breakdown

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD has been ranging for a few months and now looks like it is starting to breakdown. Watch for a move to the .382 fib as it aligns with previous structure and moving averages are turning bearish. DXY looks ready for a bullish breakout of its consolidation and validates the bearish move in EURUSD. Any volatility from the US presidential election and stock market will push the US Dollar up.
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