guttsman007

EU expecting another move down

Kort
OANDA:EURUSD   Euro / USA-dollar
s3.amazonaws.com/tra...shots/h/hJjthzx4.png
Following the correction, EU couldn't push past 1.1599. This level is interesting as you can see in the screenshot, the level was respected before as support under oversold conditions before a huge rally. Now, it's overbought and price is beginning to move down. Will this be a minor correction down to continue an uptrend or will it move even farther into the abyss
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