EUR/USD Price Analysis: Bears testing key structure, eye further downside potential – by fx_ross EURUSD Technical Analysis
EUR/USD is at a critical structure point as per the trendline support that meets prior highs from back in late June. However, the momentum is strong and there are possibilities of a continuation:
Such a move would be in line with creating an M-formation, a reversion pattern that would likely see a correction back towards the neckline and origin of the last bearish impulse. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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