EURUSD has bounced of the 1.25 handle twice and has formed a double top. The setup is already in action with the first leg almost completed at 1.234. Assuming news for the USD will be positive this afternoon, an extension to TP 2 and TP 3 is possible.
TP 2 1.208
TP 3 1.197
TP 2 1.208
TP 3 1.197