Looking to short Eur Usd when it hits 1.10537. Red box denote resistance which has been tested as resistance 5 times since March. Also we have the confluence of the 200 moving average acting as resistance coming into play (white line)
Target TP at 1.07173 (1.272 fib extension) which coincide with the tested support level since the beginning of April (green line and arrows)
Target TP at 1.07173 (1.272 fib extension) which coincide with the tested support level since the beginning of April (green line and arrows)