Hi Friends,
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias and keep printing new daily lows since July 31. The bias remains bearish in nearest term . The pair needs to break bellow 1.1500 region to the downside to resume the major bearish trend. Immediate resistance is seen around 1.1610. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. On the downside, a clear break and daily close below 1.…
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