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Euro Price Outlook: EUR/USD Drops into Trend Support- Trade Levels
Euro has plummeted more than 1.5% against the US Dollar since the multi-month October highs with the decline now approaching the first major support hurdle. Last week’s decline marks the largest single weekly loss since August but leaves the immediate short-bias vulnerable heading into the close of the week while above this level. These are the updated targets and invalidation levels that matter on the EUR/USD price chart. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Sterling price setup and more. In my latest Euro Price Outlook we noted that EUR/USD, “remains vulnerable into the ... (full story)