STRATEGY: Bearish, against 1.5784, target TBD
The EURUSD continues to find resistance at 1.5471 on short term charts confirming our bearish bias on the pair for the time being. A clean break of the 1.5470 opens up the possibility of a run back to 1.5750, but so far the bearish structure if the pair remains preserved. A break below the 1.5350 low would only add fuel to our downside bias with 1.5000 as the next major support level.
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STRATEGY: Bearish, against 1.5784, target TBD