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  • Vasily Trader

EURUSD: Technical Analysis & Very Bearish Outlook



Hey traders,


EURUSD is trading within a wide horizontal trading range on a daily.


1.166 is its support

1/191 is its resistance


Reaching the upper boundary of the range, the market started to fall sharply.

I will expect a further decline to the lower boundary of the range.


Being quite oversold, the price may pull back before the goal will be reached.


Good luck!

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