EURUSD: Structure Analysis

1 באוק׳ 2019

on EURUSD we see a bearish continuation.

Next level of support that I will pay attention to is the wide area
between 1.080 - 1.085.

This area is a perfect conjunction of a horizontal structure support on weekly timeframe
and a support line of a falling parallel channel.

There will be a high chance to see a pullback from the identified area,
so I will be looking for a reversal signal as soon as the market will enter the boundaries of this zone.

Good luck!

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