Hey guys this os a 4H EURUSD analysis. Price was in a major downtrend made a new lower low, pulled back and again tried to keep the trend and make new lower low, but from the momentum and current price action it seems it has failed and stopped at the last major low support. from sorter time frame it's exactly happening again, a down trend with failure of making a new low, and by looking at the powerfull bull candle at the major support i'm convinced that the current shorter down trend has ended and can go up to resistance level showed on the chart.
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