Hello Traders, Here is the daily time frame EURUSD analysis. Last week price has breakout the 1.100 key level. The downtrend will most likely continue but before the bearish momentum I believe there will be a pullback to 1.10 level again and give us a chance to ride the downside movement. At 38.2% fib level (1.10) we will be looking for a confirmation of melting down. First target will be 1.095 and second one will be 1.0855
Good luck! Thank you for your support! Forex42
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