https://www.tradingview.com/x/g2zozLiX/
We can see on the chart that EURUSD is in a downtrend since September, at the current price we have a descending trendline, a support zone which turned into resistance and a perfect test of the 0.618 Fib level. Price rejected this level with 2 whicks on the 4h timeframe.
In my opinion EURUSD could create another leg lower from the current price, lets see how this will play out.
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