Recently, Eur bounced off from the resistance level 1.2500 and is currently heading to the lower side. Unless this line is not breached to the upper side with a big green candle, I expect the price to plummet even further with my take profit at 1.1708 and the next take profit at 1.1462. On the way downwards, the key lines to look for include 1.2270, 1.2085 and 1.1708. If these lines are breached, then A decline towards 1.1462 looks more ideal and can be advised. As it is, only a short position towards 1.1708 looks much better.
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