A beautiful textbook set up in this pair. Price has been rejected by the channel and as it is, that was a correction and the next is an impulse in the opposite direction.
Our bearish view is supported by:
1. Weakness in USD as per DXY
2. A potential long term bullish move in EURUSD which is negatively corelated with this pair
Our bearish view is supported by:
1. Weakness in USD as per DXY
2. A potential long term bullish move in EURUSD which is negatively corelated with this pair
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