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EurUsd: To The Ground?


Weekly Timeframe:

Daily Timeframe:

 

EurUsd Weekly time frame: Strong bearish momentum as we are in a down trend and testing strong areas of weekly resistance 1.10750 key quarterly psychological.


Daily time frame: Testing a strong supply demand zone with the cross of our moving averages. If we manage to hold below this area we can anticipate our targets 1 & 2 to fulfill. We would like to see a bearish daily close for trigger/entry!


(risk management is key)

 

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