EURSGD neutral

EURSGD trend is still stable

15 June 2022 392
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EURSGD downtrend confirms its strength: almost a year of steady fall with the only one serious try to break of the trend in February.


However, even within the downtrend there is a place for growth impulses. If today "doji morning star" will be formed, the new rise to a trend line can be expected. And from the trend line a new decrease to the previous minimum at 1.445 is possible.

This content is for informational purposes only and is not intended to be investing advice.

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