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EURo Trading...
We are looking at a bearish trade able scenario on this pair as the current and secondary trends are lined up to support this view. As the market finds itself in a consolidated state within the Bearish Current Trend, with immediate support at 1.1566 and resistance at 1.1585 - 90.
The daily charts remain bearish, and with all momentum indicators pointing lower. Also note the continuation H&S pattern.
Strategy for today is to sell on up-ticks.
P.S. 1 hour charts is used on all updates.
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