🇪🇺 EURUSD 🇺🇸 - Fully prepared for a support breakthrough
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EURUSD is consolidating before jumping down. The currency pair is experiencing weakness amid a fundamentally strong dollar, which spent all of last week under the influence of bullish news. The outlook is generally clear. Technically, a pattern is forming on the chart, which may break the support and change the trend.
Reasons for further decline:
1) Consolidation at support. No rebound or upside
2) Fundamentally strong dollar
3) Euro is weakening against the dollar
4) Structure breakdown and consolidation before breakout
5) Market does not let the price above PDH
Reasons for further decline:
1) Consolidation at support. No rebound or upside
2) Fundamentally strong dollar
3) Euro is weakening against the dollar
4) Structure breakdown and consolidation before breakout
5) Market does not let the price above PDH
Trade attivo
Support breakoutTrade attivo
retest 1.083Trade chiuso: obiettivo raggiunto
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