nice entry for a possible big trade - with only a 14 pip sl atm --- if the pattern is wrong its wrong right there. worth the risk for the potential reward and this is one of the only euro pairs that hasnt moved that much yet -- this could be the same as eurcad - euraud - etc (for 14 pips risk)
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on closer inspection - it looks like it is getting to the fib extension - it may come back and test 1.236 - but just appears to be pushing down atm. I`ll keep an eye on it.