ujmandhania

All set to go low?

FX:EURUSD   Euro / USA-dollar
Looking at weekly timeframe, we can see that price has broken two zones and retested both of them. It has entered and broken third zone and went up to pickup some more sellers. In daily timeframe we can see a teacup right in front of our eyes too. Price has been hanging about that area for quite some time today so perhaps 100 odd pips in the taking if you short it? Do you see the signs too?

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