I initially sold EURUSD at 1.3762. Last week's rebound looks to have ended after prices put in a Bearish Engulfing candlestick below resistance at 1.3766, the 38.2% Fibonacci retracement of the 11/4-11/16 downswing. I will remain short, continuing to initially target 1.3310. A stop-loss will be activated on a daily close above the 1.40 figure.
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