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Daily Forex Technical Trend Bias/Key Levels
EUR/USD – Potential push down towards minor range support The pair has pushed up towards the upper limit of the short-term neutrality range at 1.1310 as it printed a high of 1.1284 yesterday, 15 Jul. Recalled that we have turned neutral in our previous report due to mix elements (click here for a recap). Right now, key elements have indicated signs of a potential short-term bearish reversal at this juncture where the price action of the pair has formed a daily bearish “Shooting Star” candlestick pattern at the end of yesterday, 15 Jul U.S. session right below the pull-back resistance of a former minor ascending ... (full story)