No change in our view.
We continue to look for a clear break below 135.00 confirming wave B peaked at 136.31 and wave C lower to 131.11 is developing. Short-term, we have seen a minor resistance at 135.71, which ideally will be able to cap the upside for the expected break below 135.00.
We are short EUR from 134.75 with stop placed at 136.75.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Performed by Torben Melsted,
InstaForex Group © 2007-2018
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