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Euro / U.S. Dollar
Short

EURUSD H1: Bearish outlook seen, further downside below 1.0760

By T3-Consultancy
On the 1H timeframe, there is bearish order flow, with lower highs and lower lows being formed. A pullback to the resistance zone at 1.0820, which coincides with the 78.6% Fibonacci retracement, could provide the bearish acceleration towards the support zone at 1.0760. Price is holding below ichimoku clouds and MACD is showing bearish momentum, supporting our bearish bias.
Chart PatternsEURUSDeurusdbearisheurusdshortForexforexsignalsforextradingHarmonic PatternsTrend AnalysisDJ FXCM Index
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