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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)