Although still able to maintain it’s uptrend on the weekly charts the eur/usd lost -120 pips on the week. EUR/USD Outlook The daily and 4 hour time frames are in downtrends and currently the 4 hour is setup for a nice short. Look for the lower trend line to be tested in the 1.2850 area to be tested and if that breaks for support (drawn in video) at the 1.2815 area. Let’s take a look at the charts in this week’s EUR/USD Outlook video. EUR/USD Analysis
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