EURUSD: Remain Short, Targeting Below 1.34
I initially sold EURUSD at 1.4881. Last week, bullish momentum failed at the 1.38 figure and the pair revered lower, with prices now testing resistance-turned-support at the top of a previously broken falling channel set from the swing high in early December. I will remain short, continuing to target a move below 1.3404. As before, a stop-loss will be activated on a daily close above 1.4251.
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