EU is in an ascending channel.
Chart below:
Price has been rejected at 1.3770 and a Double top formation is in play on the 60 minute time frame.
If price can break the trendline support and make a new low I will be looking to enter short on a pull back to the resistance level that used to be support.
Chart below:
I will update again with entry levels should the brake take place.
Have a great week
MDT
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