EUR/USD - mid- and short-term descending movement
The price below the MA's indicates a bearish formation
The indicators stay in a negative territory, mark strong negative sentiments with high probability for a new descending impulse and a breakthrough below 1.08
Deeper bottoms and lower tops
Although the probability for a breakthrough is high, it is better not to sell now. It is advised waiting for a little correction to 1.0859 in order to sell on better levels with better stop 1.0911.
If there is a breakthrough, sell is preferred only after test of the breakthrough
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