Price is at a key resistance area and key weekly zone of 1.2120. For us to go short we need to see price break below the key weekly of 1.2111. We will then wait for a retrace and for our weekly to act as resistance. Enter on strong bearish setups off the weekly, first targeting next structure zone of 1.2070
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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.