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Price has broken descending trendline and re-tested support level. Open buy.
Long term map for euro.
Loonie has failed to continue following acsending channel, so the overall trend on Daily is down that's why we may consider taking the short side of the market.
Wait for solid closing below the acsending trendline and then go short.
Wait when price closes below acsending trendline and join the bearish movement.
Cabel starts rising.
Price has rejected the neckline of HnS on H4.
Completing right shoulder.
Map for the week ahead.
Sell when price does a re-test after closing below the line which is shown in the picture.
This signal goes in accordance with D1 chart. As we got bad economic data on euro I think they may play it out to stop out all those folkes that believe in fundamental analysis and sell on this news.
Alternative scenario on aussie.
Wait until price closes above descending trendline and consider to take longs.
Sell high to minimize your SL.
Wait until price brake the triangle and then consider to take longs.