In yesterday's analysis, I discussed about the potential bearish momentum on EU after some pullback with 1.2060 as the target. In yesterday's session price had a minor bearish rejection at 1.2144 zone (yesterday's high) after the violation of the trendline. Currently looking for short-term selling opportunities, ideally for price to have a deeper pullback towards 1.2170 minor resistance zone with 1.2060 & 1.2010 as targets. However, do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
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Trade safe.
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