TA Wise: We see more downside due to a potential bear flag forming. Senkou span is also cutting below the long day candle with MACD looking for more downside.
FA Wise: This week, we will have major news coming out from US, Europe and UK that can have a huge impact on EUR/USD pairing.
Keep trading of this pairing to day trade, and reduce exposure to trading it during major news announcement for UK election, interest rate decision and FOMC economic statement.
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Breaking out of the trend channel reduces the chances of a bear flag continuation.
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