EURUSD correction to deepen with wedge breakout


I am short EURUSD and looking for further losses. I expect to see a broad correction in the US dollar, with the EURUSD major taking most of the USD’s gains. 

USD Index

Monthly – Moving lower from the Fibonacci confluence area (102.00). In April, we posted another outside candle highlighting the downside pressure for the index. Strong support is not seen until 92.50.

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EURUSD correction to deepen with wedge breakout

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