Today the EURUSD dropped to new low of 1.4385, surpassing the previously projected low of 1.4660 region.
It is not wise to chase the market to try to enter short for the EUR now. Should wait for a reversal signal to try to catch a long entry for the EUR. Should the EUR start to retrace upwards, we are looking at the EUR to potentially rise up to 1.5150-1.5200 regions.
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