fxpremiere

Eurusd downtrend

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD

The market recently could not break through the resistance and update its swing lows. The market overall is ranging. The price action made a deeper retracement that previous bearish retracement abd that means bears are stronger. I think the price may fall if the market forms a fake break at resistance and then go down to test main support level because price is near strong resistance and downward trendline. I expect fall from recent resistance. My goal is support around 1.05560

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