The EURO is a shallow downtrend with USD and the 20 MAV has been a dynamically resistant structure for this pair.
I would simply look for price to retest the 20 MAV , which centers around the Monthly R 1 pivot presently and look to go short to the Monthly S1 pivot and keep stops above the 50 MAV.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.