EURUSD Outlook
The EURUSD was traded lower yesterday. The pair failed to stay above 1.3340, bottomed at 1.3225 and closed at 1.3258. On daily chart below we have descending triangle formation in a bearish major trend, so technically for me the pair should remains in bearish outlook. The bias is bearish in nearest term testing 1.3100 support area. Immediate resistance is seen at 1.3290 – 1.3310 area. CCI in neutral area on both 4h and daily chart.
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