Turning Down
Our Pivot: 1.1910
Our Preference: Short sell below 1.1880 with strict stop loss of 1.1910 and profit target at 1.1850 with extension towards 1.1836.
Alternate Scenario: Upward penetration of 1.1910 will call for 1.1925.
NOTE: Euro is being capped by a strong resistant trend line and hourly momentum indicators have changed their direction towards bearish side.
Chart with supports & resistances:
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