EURUSD shorts to 1.20585
Updated
EURUSD yesterday tested weekly resistance and formed a nice rejection candle on the 1hr timeframe (bearish engulfing) and the 4-hour timeframe. Used the Fibonacci extension tool to set my target at -27.2. I am cautious of the FOMC news to be released later today. TA is bearish. Lets see how this one goes!
Trade closed: target reached
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