Short EUR/USD

Watch PA around 1.9408, potential move to the downside if first trend line breaks. There are a few long term trend lines in the way to watch out for, and a move below 1.8693 (orange line - Jun 2010 low) should extend down to 1.7186 (green line - Aug 2015 high).

If price stays above the first trend line, then there is a potential move up towards 1.20315 (blue line - Jul 2012 low/FOMC high).
EURUSDTrend Analysis

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