I think that the EUR/USD pair is going to fall even more that it has (long term). On weekly charts we can see that the area around 1.2800 offers some kind of support and I am sure that the market will pull back a little bit. Also +DI is very low and Bolinger Bands (50,2) are tight so eventually buyers will push the market up a few pips.
I see the space between Bolinger Bands as potential area of price in the future. And as you can see on monthly chart, lower band is near 6 year resistance. At th…
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