EU is in a down trend.
Price has pulled back to the 38.2% Fibonacci Level. this level is also a previous resistance level
Chart below:
I am looking for a short position as detailed.
Levels and Chart below:
1st Entry: 1.3060
2nd Entry: 1.3070
Averaged Entry: 1.3065
Stop Loss: 1.3090
Target: 1.2940 (5%)
I will update again should the trade be triggered.
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