Snehath
Short

Why the EURUSD may turn at 1.1460 level

FX:EURUSD   Euro Fx/U.S. Dollar
We are long on the EURUSD             since 1.1390 and up about 36 pips now. Our target is the 1.1530 level but we are seeing a M30 pattern at a very strong resistance. .

It is always important to look for harmonic patterns in the reverse direction of your trade to find the best place to exit. I will keep an eye on this level to make a decision to close the long and go short on this pair.

In the meantime, enjoy the long which I have switched to BE now.
although it did not hit PRZ, the bearish expectation was spot on!
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