EURUSD might have found resistance just below 1.2
EURUSD had rallied through 1.1988 highs overnight before turning lower again. The currency remained shy of hitting 1.2005 mark, the fibonacci 0.618 retracement of the recent drop between 1.2113 and 1.1835 levels respectively. Probabilities remain for a test of 1.2000 handle before reversing lower towards 1.1700 and 1.1600 levels respectively. Also note that EURUSD might produce alternate counts if 1.2113 breaks, going further.
Short against 1.2350, towards 1.1600
Short against 1.2350, towards 1.1600
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