After making the 1.4968 high, price came back sharply and the indicators shows us that the EUR is still overbought and that we might see a retrace soon. This, however, does not change the fact that the current trend as well as the primary trend is still bullish and this still places the EUR in a bullish probability. We will only move away from our bullish stance when the current
trend is violated to the low side.
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Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
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