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Euro / U.S. Dollar
Long
Updated

EURUSD: Technical rebound in short term?

755
From a technical point of view, on 1H chart we have a support area around 1.0550, and some corrective structure like a ABC Pattern is possible. Having said that, the trend is bearish, so we consider this corrective structure as a technical rebound, at least for the moment.

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📊 For Bears Scalper (5' Chart):
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📊 15' Chart:
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TheAnonymousBanker
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Chart PatternsTrend AnalysisWave Analysis

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Chart PatternsTrend AnalysisWave Analysis
TheAnonymousBanker
Also on:

Disclaimer

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.