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Euro / U.S. Dollar
Short
May 15, 2023
DeGRAM | EURUSD fibo cluster for short
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EURUSD is making lower lows and lower closes. Price is approaching the confluence level to short the market.
Price action broke the consolidation zone, and it's pulling back to it. Consolidation zones usually act as both support and resistance.
We anticipate price rejection at resistance and the fibo cluster.
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Chart Patterns
eurusdanalysis
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DeGRAM
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