As I said in my previous EurUsd analysis, the pair found a top on 1.2 zone and we can expect to a correction. We already have this correction and my 1.17 target is not far away, so what's next? A look at the daily chart reveals us a sloping flag on the top and only this pattern should make the bulls think twice. Now the pair is sitting on support and a potential rally should be considered a good opportunity for short position. My target in the medium term is 1.15 for EurUsd
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