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theforexarmy

EURUSD remain bearish with break of our long term support

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Euro / Dolar A.S. (FX:EURUSD)  
theforexarmy  
FX:EURUSD   Euro / Dolar A.S.
EURUSD eurusdshort eurusdidea eurusddaily eurusdnews eurusdlong USD EUR eurusdanalysis eurusd1hr eurusdlongsetup eurusdsell eurusdforecast
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eurusd eurusdshort eurusdidea eurusddaily eurusdnews eurusdlong usd eur eurusdanalysis eurusd1hr eurusdlongsetup eurusdsell eurusdforecast
Sell below 1.0711. Stop loss at 1.0758. Take profit at 1.0623.
Reason for the trading strategy (technically):
We remain bearish with the break of our long term ascending support-turned-resistance line. The goal is to be bearish below 1.0711 resistance (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a drop to at least 1.0623 (Fibonacci retracement, recent swing low support).
RSI (34) is seeing descending resistance

Idea Berkaitan

theforexarmy
EURUSD profit target reached, time to go bullish
theforexarmy
EURUSD turn bearish with break of our long term support

Beritahu

michaelnagy
Bearish White Swan + Bearish Dragon EURUSD
Penafian

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