Price is currently testing the 111.8 level, which very recently had been rejected. This zone has been a barrier for buyers to breakthrough.
Short positions look appealing with stops placed 10 pips above the 112.0 psychological level.
Short positions look appealing with stops placed 10 pips above the 112.0 psychological level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.