EURUSD testing 1.07000
EURUSD is reaching the 1.07000 level. Here we have the confluence of the support for the extension lower to parity, a falling trend line, and a previous horizontal resistance. A break below 1.0600 will lead to a reversal downside from here. Only a break above the 1.07500 level can invalidate this.
Note: look for the short trade entries with the stop loss above 1.07500
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