We have outlooked several promising Forex pairs and the result can surprise you!
EUR/USD: another swing to the downside?
Information is not investment advice
EUR/USD will remain under negative pressure as long as it stays below the weekly pivot point at 1.1262. The pair broke below the support of the short-term uptrend last week forming a flag within the overall negative long-term tendency. Although the bearish momentum isn’t strong, the pair will likely test lover levels in the 1.1215/00 area.
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