EURUSD continued downtrend is likely to return after a "disturbance" of the fundamentalists. In the D1 chart we still see that the pair is still in a downtrend line, although it seems that he will try to break through resistance at 1.2400 which lies between 50% - 61.8% Fibo.
However, the stochastic indicator shows the area has not been overbought, so it is still possible if the pair will try to ride a little longer.
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