The Euro is currently looking quite strong and A potential trade can be made with upside potential as we currently are experiencing a bounce after a short cooling off.
- Successful break of weekly downtrend and the creation of the first higher high.
- evident strength in the move shown from hourly to weekly time frames.
- Successful bounce off of the 1.281 level. Currently targeting a move upwards of 1.147 where we previously found resistance and a small portion of profits will be locked in at this level.
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