EUR/USD has been a strong performer in recent months but there could be potential short term play to the downside. As we break through the trendline and enter back into the range I am going to sell here with a stop above yesterdays high (1.2350). If there is any us dollar strength we could see 1.2100. Tomorrows economic new might be a catalyst but we will have to wait and see.
Stay Curious
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Stay Curious
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.