EUR/USD downside movement is still intact as long as it stays under the downtrend line. We don't have a trading opportunity right now, it's risky to sell it as long as it stays above 1.1774 former low.
Also, we don't have a buying opportunity as long as it stays under the downtrend line. We may have a buying opportunity if the rate jumps and stabilizes above the downtrend line.
Trading Conclusion!
We may have a new buying opportunity if the pair jumps above the downtrend line and if it passes above 1.1877 former high. 1.2000 psychological levels could be used as an upside target.
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