Following the recent rally, EURUSD has reached again an important resistance area just before the magic 1.12 mark. Once again, the currency pair is now showing signs of exhaustion. We therefore expect the price to fall again, from which we would like to profit with this short setup.
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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.