Short positions initiate at the hurdle line with targets at 1.1720 & 1.1695 in extension.
Hurdle 1.1750
According to the chart, the breakout of hurdle lines means a short downtrend. Hence, don't initiate a position before confirmation of breakdown. And don't buy/sell in that mid area.
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.