Contributors Technical Analysis EUR/USD The Downside Prevails

EUR/USD The Downside Prevails

Pivot (invalidation): 1.1585

Our preference Short positions below 1.1585 with targets at 1.1530 & 1.1500 in extension.

Alternative scenario Above 1.1585 look for further upside with 1.1615 & 1.1650 as targets.

Comment The RSI is bearish and calls for further decline.

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