EURUSD
A very complex situation for bulls: Major studies are bullish although weakened severely today while price action is likely negative at the moment.
While 1H MACD stays negative and the price is below 1H 200MA risks to the downside continue overall because apparently, significant support lays well below @ 1.1750.
Unless the steep downtrend line is broken active bulls might be sidelined.
Trade safe!
Alberto Alvarado
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