FX Pre Market Analysis - Is the EUR/USD explosion slowing down?
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In this week's pre market analysis video, I go over the completed EUR/USD trade and what I'm looking for moving forward. The EUR/USD had an explosive bullish move last week however, there could be indications of momentum slow down.
Currently holding short at 1.0815 and would like to see us stay below 1.0900 - 1.9500 max for a pullback towards 1.06000.
The long term perspective could indicate a pullback out of a large triangle formation, followed by equal or new lows below 1.0000.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.