EU Pullback to 1.108
Big rejection on support area, looks like still holding and back inside the range... Its kind of early and could have some surprises during London open but most likely a retracement.
Retest 1.108 first TP then,
Retest 1.11 for second TP.
If price action creates a lower low at this point then most likely support would be resistance and there would be a continuation to the downside.
Retest 1.108 first TP then,
Retest 1.11 for second TP.
If price action creates a lower low at this point then most likely support would be resistance and there would be a continuation to the downside.
Note
Donwtrend continuation confirmed sell.Note
Powell and trump are catalyst for the uptrend. Hope your shorts were closed in time and now short dollar.
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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.