Price has broken a 4-hour trend line and I believe this will fall to the downside of 1.17670 and lower before pushing up for bullish momentum.
Note
Price still has the potential to go to the downside due to the dollar strengthening and euro weakening. Looking to go short down to the 1.17250 level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.