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EUR/USD analysis for November 15, 2018

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Recently, the EUR/USD pair has been trading sideways at the price of 1.1306. According to the H1 time – frame, I have found a breakout of the bearish flag pattern, which is a sign that sellers are in control. The short-term trend is bearish and my advice is to watch for selling opportunities. The downward targets are set at the price of 1.1213 and at the price of 1.1070.

The material has been provided by InstaForex Company - www.instaforex.com