Contributors Technical Analysis EUR/USD On The Way Down

EUR/USD On The Way Down

Price dropped and is almost to reach the median line (ml) of the descending pitchfork, where he may find temporary support. The current drop is natural after the false breakout above the median line (ml) of the minor ascending pitchfork. However, only a valid breakdown below the median line (ML) of the major ascending pitchfork will confirm a larger drop.

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