EURUSD potential for further downside | 26th Oct
Price has recently broken out from the ascending trendline and can potentially retest at the sell entry price of 1.16202 which is also 38.2% level. Price may then continue its downtrend to the take profit level of 1.15748 which is in line with 78.6% level and 61.8% . Our bias is supported by the MA as price is currently trading under it.
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