Chart of the Day $EURUSD

On the EURUSD chart, we can see that the pair is pulling back into the previously broken resistance 1.15500 level. The downside support zone 1.15500-1.15800 should hold for the downside continuation. Invalidation of the downside continuation we will see only in the case of a daily close above the 1.16500 level.
Note: look for the short trade entries with if we get a bearish price action from here with the stop loss above the 1.15800 level.

EURUSD price action technical analysis

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