Euro / U.S. Dollar
Short

EURUSD: What is next in the short term?

166
After last week break down the pair seems to continue going south.
The price is trapped in the area between the two break lines.
Manage your orders regarding this lines and targets.
If price breaks 1,2360 the target for shorts will be extended till 1,2295.
Break up line will be active till close of new york session. After that break up will be moved to 1,2665 with 1,2715 as target.
Good luck.

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