From the level of 1.25582-1.25600 we still see some form of struggles between buyers and sellers with two previous daily candle strength between both parties. The trend still looks favorable to the bears as it stands since the bulls couldn't do much on Friday. For this reason we look for an hourly break below 1.25582 to enter for sell. So we choose to remain Short. Target 30-40pips. Good luck trading.
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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.