Chart of The Day $EURUSD 1-06-2017

On the EURUSD daily chart, we can see that the pair has reached strong downside support 1.0600-1.06500 support zone. Rejection from here is needed for continuation lower and a retest of 1.0380 low. Since there is a strong downtrend prevailing look only for shorting opportunities.

Happy trading! (click on the chart to enlarge it)


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