The down trend resumes, rejection from a significant level
Rejection from a significant level on the monthly, weekly, daily, and hourly the euro has been rejected from 1.64 on multiple occasions. Look for a slight pull back on Sunday's opening to enter short. Your stop should be placed above the market maker obvious level @ 1.6425, short term target 1.6244 longer term 1.60 ish. I believe this trade can offer a excellent risk to reward for the swing trader with a horizon beyond a day.
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