By Admiral Markets
The EUR/USD seems prepared for one more leg down to test the 1.16 support zone before continuing with the uptrend.
The arguments in favour of a larger bearish correction include:
Check out the video to see the confirmation level, invalidation zone, and trade ideas for the EUR.USD.
Chris also analyses the USD/JPY and GBP/USD.
Article by Admiral Markets
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Source: EUR/USD Bearish Continuation
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