EURUSD: ⬇️ Sell
– EURUSD reversed from resistance zone
– Likely to fall to support level 1.1640
EURUSD currency pair recently reversed down from the resistance zone between the resistance level 1.1835 (former multi-month high from June), upper daily Bollinger Band and the resistance trendline of the daily up channel from July.
The downward reversal from this resistance zone started the active minor correction 4.
Given the strongly bullish US dollar sentiment seen across the FX markets, EURUSD currency pair can be expected to fall to the next round support level 1.1640.
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