EURUSD: A Top in Place?
I initially sold EURUSD at 1.3121 and added to the position at 1.3026. The pair is now showing a bearish Harami candlestick pattern below resistance at a falling trend line set from the late February top, hinting a turn lower is ahead. I will continue to hold short, looking for a break of support at 1.3025 to expose my initial objective at 1.2864. A stop-loss will be activated on a daily close above 1.3378.
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