ForexTrendline

EURUSD is heading towards 1,0724

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
On Friday EURUSD failed to breakout the top at 1,0933 and pulled back.

It is now heading towards the low of 1,0724 which is the first support and we will watch to see if will break it out.

We continue to look at sales opportunities only and look for confirmations in that direction.

As we mentioned on Friday, we are looking for opportunities in JPY crosses and possible reversals there.

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