EURUSD: Important Breakout & Bullish Continuation
The EURUSD price surpassed and closed above an important horizontal resistance last week.
This broken level has now become a support, and the market is currently retesting it.
I anticipate a bearish trend to continue, with the next target likely being the resistance of a descending trend line.
This broken level has now become a support, and the market is currently retesting it.
I anticipate a bearish trend to continue, with the next target likely being the resistance of a descending trend line.
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