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EUR/USD Contained is Declining Wedge; 1.3378 Seen as Next...

posted by Avatar FXTimes 550 days ago in USD, EUR, Technical

A Risk-off start to the week gives the USD and JPY strength. The EUR/USD slid from lats Friday’s congestion pattern and below the 1.3495 pivot. It also broke below a projected rising trendline. The RSI reading in the 1H chart is about to tag 30. These are all bearish continuation signs, to be confirmed if the market can clear last week’s low at...
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