EURUSD - Weekly Technical Outlook & Analysis

Intermediate Term Technical Outlook for EURUSD

EURUSD Chart 1: Daily | Chart 2: Weekly

Price is rejecting sharply off of 1.1051 Resistance Level…The Strong Downtrend continues in the longer term. Price is approaching the recent swing low…and if it breaks below that level…I would be looking for continued momentum to the downside.

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