Pivot: 1.3830
Preference: After having the Take Profit achieved at 1.3750, and after the update from the FOMC, the preference will be staying short EURUSD from 1.3810, targeting 1.3700 after achieving 1.3750.
Stop Loss: A close above 1.3850
Conviction: Fundamental Analysis (FOMC). Testing previous high at 1.3830, CCI still holding over bought level while RSI is turning on falling trend line. Divergence between the price and RSI as well.
Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
1.3780 | 1.3750 | 1.3720 | 1.3830 | 1.3850 | 1.3880 |
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Missed this sell, but will ride if it stays under 94.5 by the end of US session