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Euro Bulls, Watch Out!

posted by Avatar lytman02 724 days ago in EUR, Technical, Fundamental made popular 724 days ago

The EURUSD pair or what is commonly known as the fiber among financial geeks is threatening to dip once again. As you can see in its daily chart, the pair has been consolidating into a descending triangle. This formation has a bearish bias since the sellers are more aggressive in pushing the price down. This scene is actually represented by the...
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