Just as in the British pound, Yesterday, euro lost value significantly and is still pretty much bearish both on the lower and on the higher time frames, as it is now, we are sellers. Basically, we're looking forward to slight correction to the upper side to pick a possible long-term sell position with our target still set ar 1.1 and may extend much lower. On the flipside, if the price breaks above the previous weeks highest high then we may consider a possible long term buy position.
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