Last week we saw a clear break of the black daily trend line and so I'm expecting a possible retrace back to the trend line and bounce. I also have a counter trendline in which the 61.8 and the resistance 1.1150 is lining up to create a perfect short opportunity. First take profit is 1.1050 which is the -27 off the fib.
Chart PatternsHarmonic PatternsTrend Analysis

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