Turning Down
Our Pivot: 1.1890
Our Preference: Short sell below 1.1870 with strict stop loss of 1.1890 and profit target at 1.1830 with extension towards 1.1810.
Alternate Scenario: Upward penetration of 1.1890 will call for 1.1920.
NOTE: Euro have completed its 74.6% correction in a rising wedge and now its going to retest supportive trend line of that wedge.
Chart with supports & resistances:
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