EUR/USD Anticipating a short
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EUR/USD as we can see has hit a major top trendline, if we get a rejection we should be expecting downside. We can also see that it is currently hitting the bottom trendline, looking a bit to the left we can see that it had the same structure as before. A clear downtrend can be stopped due to the lower lows and lower highs. If the top trendline is broken then this trade idea is voided!
Note
Dollar Weakness (FUNDAMENTALS) destroyed the potential for this trade.
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