Here we have a high probability drop. CONFIRMATIONS: 1) It breaks & retest it's channel 2) Based on price action (1H candles seem to reject the buyers & wants to keep going down). 3) DXY (Dollar Index) seems to bounce up that mean the opposite for the EURUSD 4) It was forming for a drop but because USD PPI it go up to retest. 5) Market go to EMA 200 & respected it so EMA 200 works like resistance to EURUSD. 6) EMA 50 breaks EMA 200 to downside. ENTRY: (1.1768) STOP LOSS: (1.1803 - 35 pips)---> 1.1800 key level TP1 : (1.1733 - 35 pips ) 1:1 TP2 : (1.1698 - 70pips) 1:2
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