The Euro on an intraday basis is coiling within a significant Mother Bar.
There is significant horizontal resistance between 1.1930 ( horizontal support) and 1.1950 ( Monthly S1 Pivot) . Price is stalling just above this region.
The recent trend in Euro has been down.
A clear break of the Mother candle to downside , may trigger price movement to next support around 1.1730 .... :)
There is significant horizontal resistance between 1.1930 ( horizontal support) and 1.1950 ( Monthly S1 Pivot) . Price is stalling just above this region.
The recent trend in Euro has been down.
A clear break of the Mother candle to downside , may trigger price movement to next support around 1.1730 .... :)
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Here is the follow on
Here is the follow on