LockNLos

EU structure ahead of Italian Election

FX:EURUSD   Euro / U.S. Dollar
Interesting to see where EU will trade following the Italian election. Intraday structure bearish as price comes into resistance following the LL, but Daily timeframe structure yet to break to downside.
If market can't break and hold above $1.2350 price level, expect another move to the downside.
If $1.2250 quarter point can't hold, I anticipate further downward pressure.
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