Eur continues to pullback upwards, despite my previous analysis that it could drop towards 1.1455. As it is on the weekly chart above, I expect a rise towards 1.1794, where I;ll be looking for a short position with my target at the weekly support line 1.1455. If the price should breakout below 1.1455, then further drop in price towards 1.0406 is expected. My advice, either wait and pick a short position around 1.1754, or wait and buy Eur upon a rejection from the support line 1.1455 with an ultimate take profit at 1.2400.
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