EURUSD At Strong Resistance For Short Trade.

EURUSD is in a consolidation range for the last couple of weeks. It is trading at the resistance level of consolidation range also, it has shown a good trend with the help of the time cycle as shown in the chart. According to chart pattern analysis, we might see a downside in EURUSD. One can initiate short side trade with the proper risk management system and stop-loss.

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