Dear Traders, The EUR/USD has formed a zone after the break of a trend line. 1.1090-1.1105 could make the price drop based on a confluence.
If the price manages to stay below 1.1100 we could see a drop towards 1.1055 and 1.1044. Have in mind that due to upcoming holidays, volatility will be very low. However today and or eventually on 27 Dec we might see a drop. If it happens, this could be an early start of a downtrend on 4h timeframe. Happy Holidays!
The analysis has been done with the CAMMACD.MTF template.
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Many green pips, Nenad Kerkez aka Tarantula FX
Elite CurrenSea
