EURUSD: Potential Breakout

EURUSD: Potential Breakout


Price is making a correction.. If we see a breakout that will give us a nice sell trade with potential target 1.09634 level. We might see price moving a little higher (0.5 fib level) and then try to break that short term support trendline once again. We will come back with the set up changing the stop loss level.

But the whole concept remains the same.

Source:: EURUSD: Potential Breakout

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