EURUSD is at a local supply zone now, presenting an opportunity for bears to short the pair. Traders should wait for confirmation at the resistance zone to short the pair with a stop loss a few pips above the supply zone, and a first target at the supportive trendline. A strong break above the supply zone will make this trade invalid, as price could rise all the way until the strong resistance zone at 1.14100
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Best of luck traders!
Trade closed: target reached:
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