The dark cloud cover pattern which appeared on the weekly chart seems to had brought about its significance as we saw the EU turned more bearish this week with multiple uptrend rallies. The pair broke an important support this week at 1.3100. from the H4 chart we could see that price had clearly broken that level and stayed below it. which might signify already a clear break. The next important support would be the 1.3000 psycho support. Violation of this important level would target the 1.2550 low.
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