There is an opportunity to short the EUR|USD on the break of the rising trendline supporting the contraction.
- Short entries should be initiated below 1.08094
- Stop Losses should be above the last swing of the corrective higher high 1.08288
- Target Point A: 1.07847 followed by Target Point B: 1.07729
All remaining target supports are marked bellow 1.07729 by consecutive horizontal lines (blue.)
- Short entries should be initiated below 1.08094
- Stop Losses should be above the last swing of the corrective higher high 1.08288
- Target Point A: 1.07847 followed by Target Point B: 1.07729
All remaining target supports are marked bellow 1.07729 by consecutive horizontal lines (blue.)