1) On the daily chart of the EUR/USD, the last three candlesticks indicate a high probability that the next move of this currency pair will be to the downside in the coming days.
2) The support zone is around 1.4400.
3) To initiate again a long trade on the EUR/USD, I would need to see the price going above 1.4650.
On this chart, we can clearly see that the EUR/USD has now reached a resistance at the Fibonacci ratio of 61.80% which corresponds to an exchange rate of 1.4620.
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