EUR/USD downtrend, short-term and mid-term negative movements. Indicators are showing extremely negative moods. CCI(50) is below -200, which means sell-off market and new short positions are very risky. The pair registered a few bars with equal bottoms and formation known as Tweezers Bottom Candlesticks, which is bullish. Will this formation works out we don't know yet, but levels are good for position with a stop slightly below 1.1313 and taeget at 1.1450. Moods are very negative but this doesn't mean it won't have a correction.
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