EURUSD POSSIBLE LONG TERM SHORT

The pair is possibly testing the trend line support. On the weekly chart, Stochastic (120,1,5) is Overbought.
from the daily chart, it will safe to go short if today candle closes below 1.22611. Watch lower time frames for entry confirmation

Note: Trade with Care. Trading in CFDs can lead to losses that exceed your investments

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The bears seem to be overtaking the bulls. Target is 1.2

Note: Trade with care. Trading in CFDs can lead to losses that exceed your investments