Forex Technical Analysis on Majors

  • EUR/USD 

Current level - 1.2763

Forex Technical Analysis on EUR/USD

Current rebound above 1.2718 low is by all means a corrective one and the downtrend from 1.3139 is still intact. My outlook here is negative, for a slide towards 1.2650 major support area. Crucial on the upside remains 1.2875.

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