We can now look to short the pair and put stop loss at the previous high for a minimum take profit of about 150-200 pips.
First take profit as indicated in the chart, entry will be given in a smaller timeframe. Check the update section for the 4-hour chart where the entry will be posted.
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We therefore short this pair.
Entry around 132.30-40.
TP1: 130.80, close 80% of position as it reaches the first TP level and let the rest run.