Under Pressure
Our Pivot: 1.0835
Our Preference: Start short selling Euro below 1.0805 with strict stop loss of 1.0835 and profit target at 1.0765 and 1.0745.
Alternate Scenario: Upward penetration of 1.0835 will call for 1.0860.
NOTE: Euro is trying to retest supportive trend line of its previous ascending wedge as resistant one.
Chart with supports & resistances:
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