Short positions initiate at the hurdle line with targets at 1.1720 & 1.1695 in extension.
Hurdle 1.1750
According to the chart, the breakout of hurdle lines means a short downtrend. Hence, don't initiate a position before confirmation of breakdown. And don't buy/sell in that mid area.
Hurdle 1.1750
According to the chart, the breakout of hurdle lines means a short downtrend. Hence, don't initiate a position before confirmation of breakdown. And don't buy/sell in that mid area.