EurUsd- Medium term focus remains on 1.05
After the aggressive drop from 1.1, EurUsd made a pause at 1.07 support and tried to reverse.
Attempts to reconquer 1.08 were sold and the pressure looks to be on the downside.
Although on Friday we have a Pin Bar reversal, the pair is under trend line support and the horizontal support from 1.08.
So, in the eventuality of a rise after this Pin Bar, this rally should be considered an opportunity to enter short against the 1.08 important ceiling at this moment
Attempts to reconquer 1.08 were sold and the pressure looks to be on the downside.
Although on Friday we have a Pin Bar reversal, the pair is under trend line support and the horizontal support from 1.08.
So, in the eventuality of a rise after this Pin Bar, this rally should be considered an opportunity to enter short against the 1.08 important ceiling at this moment
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