Forex Technical Analysis on Majors

  • EUR/USD 

Current level - 1.2933

Forex Technical Analysis on EUR/USD

Yesterday's local low at 1.2937 provoked a minor consolidation to 1.2990 resistance area and now the downtrend is renewed, for a break through 1.2880, en route to 1.2802. Key resistance is projected at 1.2990.

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