The EUR/USD pair had a positive session on Monday. But by the end of the day it had a downtrend that extends until now. The pair is facing the fractal turn 1.30 psychological level at this moment, below this level it is probable that the pair fall to 1.2880 (uptrend line).
At a fundamental level there is a lot of news from the European Union right now that should be considered with caution. You have to be very careful if you buy this pair.
Now the pair shows a downtrend which is likely to continue for the rest of the day. On the other hand, above 1.2750 it maintains bullish outlook.
Therefore, we recommend selling below 1.30 with target at 1.2880.
The indicators are showing bearish signal as can be seen on the chart.
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