EURUSD Facing Bearish pressure | 31 Aug 2021

EURUSD capped below descending trendline resistance. A short term drop below our entry at 1.18515 towards 61.8% Fibonacci retracement and our take profit level at 1.17271 could be possible. Stochastic indicator is also testing resistance where price dropped lower in the past.

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EUREURUSDForexTrend AnalysisUSD

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