Elkana Roveglia BA
Takemytrades.com
EURUSD is in a daily wedge. The probability is that can either carry on with a downtrend or bounce on the support and carry on with the uptrend. At present we do not know and it will depend as well on what the Dollar Index will do. Saying that, the EURUSD has formed a continuation pattern for a sell. This pair has been accumulating over the past 12+ hours forming a rectangular. The probability of a continuation of a sell is very high. Look for first target @ 1.0930 area.
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