TradingSutra

EURUSD: Bearish sequence

Short
FX:EURUSD   Euro / U.S. Dollar
The poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.

Manish Bhardwaj
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