Eur rose tremendously to the upper side but is currently finding it a challenge to close above the hourly resistance zone 1.1843-1.1828. Unless there's a clear breakout above this zone, I expect a bounce from it to short Eur with my first take profit at 1.1735. If the price can breakout above it, then I'll wait for a pullback to the just broken line, then pick a long position towards 1.1935. As it is on the hourly chart above, Only a short position looks more ideal especially while the price is still below 1.1826
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