EURUSD seems to be setting itself up for a nice dip and even in weekly charts, the indication for an extended dip is there. At current situation, the daily charts are also looking good for a dip.
The first selling level to be considered can be seen just around 1.3420 level and targets will be around 1.3225 level which can be further extended to 1.3150 level. The next selling level (for some to average out the first position) can be seen around 1.3420 level. If EURUSD manages to break above 1.3475 level, then reversal of the trend is indicated.
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