EURUSD Breakdown

EURUSD has been ranging for a few months and now looks like it is starting to breakdown. Watch for a move to the .382 fib as it aligns with previous structure and moving averages are turning bearish. DXY looks ready for a bullish breakout of its consolidation and validates the bearish move in EURUSD. Any volatility from the US presidential election and stock market will push the US Dollar up.
Chart PatternsTrend Analysis

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