Friday's structure breakout is a very important bearish clue.
I am very bearish biased on EURUSD at the moment and look for shorting opportunities.
Next week consider two areas:
- Resistance around 1.196 based on the previous low
- Resistance around 1.202 based on a local daily structure
I will look for a retest of these areas and look for shorting opportunities from them.
I will wait for the intraday confirmation before I open the order.
Please, like this post and I will show the confirmation that I am looking for in my next idea on EURUSD.
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