On the higher Time frames, weekly and daily we get a nice clean move on Monday.
EU closed Friday below the Daily support / resistance zone (blue line) You can see on the weekly that EU is in down trend, 2 weeks sell off. Las week we rallies but stalled and sold off. The big bearish bar that formed the high tells the story here as we failed at its lows. now over to the daily chart.
Friday closed below support and a powerful bar with a close near the low too. I sold 10 pips on from the low of Friday, my target was 1.4 as the "Big round number can act as support, also there is Daily / weekly support there. eu1.gifeu.gif
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