Euro Mother Bar

The Euro on an intraday basis is coiling within a significant Mother Bar.

There is significant horizontal resistance between 1.1930 ( horizontal support) and 1.1950 ( Monthly S1 Pivot) . Price is stalling just above this region.

The recent trend in Euro has been down.

A clear break of the Mother candle to downside , may trigger price movement to next support around 1.1730 .... :)

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