Under Pressure
Our Pivot: 1.0600
Our Preference: Start short selling Euro below 1.0545 with strict stop loss of 1.0600 and profit target at 1.0483 and 1.0440.
Alternate Scenario: Upward penetration of 1.0600 will call for 1.0635.
NOTE: Euro is being capped by a horizontal resistant region .
Chart with supports & resistances:
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