EUR USD and the downside

 

EUR USD and the downside

 

Clear picture

 

Another fall could still be seen. But even in that case, downside should be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation.

Daily Pivots: (S1) 1.2899; (P) 1.2939 (R1) 1.2987

 

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