EUR/USD Price Outlook Further Declines are Possible
Currently, price is hovering near the 1.17 level. At this stage there could be some consolidation before the next big move.
There could also be some pullback before the next downtrend.
I am still expecting price to drop to the 1.1580 level where I will consider putting a buy trade.
However, I would wait for a pullback and then some bearish price action before putting new sell trades at this stage.
Good luck.
Edited 16 Oct 2020, 11:38
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