EURUSD: Sell Trade Triggered
EURUSD pulled up to re-test the underside of a Triangle consolidation pattern established from late April, a barrier reinforced by the 50% Fibonacci retracement level, and produced a bearish Shooting Star candlestick to hint that the correction had run out of steam. We will enter short from here (1.4188), initially targeting the 5/23 low at 1.3968. A stop-loss will be activated on a daily close above 1.4294, the 61.8% Fib.
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