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EURUSD: Important Bearish Breakout

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Euro / Dollar AS (OANDA:EURUSD)  
linofx1  
OANDA:EURUSD   Euro / Dollar AS
Support and Resistance Trend Lines Supply and Demand
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supportandresistance trendline supplyanddemand
The EURUSD is currently on a downward trend, having broken and closed below a strong intraday horizontal support.

Following a retest, there has been a bearish reaction indicating a potential further drop towards the 1.0800 support level.
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