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TFC Commodity Trading Forum

Weekly forex analysis *LINK* *PIC*

he EURUSD dipped below 1.3500 key support today briefly, before ending the day basically unchanged after paring most of its early-session losses. Overall, momentum has been bearish in this market recently, and we will look to sell next week if the market rallies back up to resistance near 1.3575 – 1.3590 area. Traders can keep an eye on that resistance zone for price action sell signals next week, to trade back in-line with the bearish momentum in this market.