EUR/USD: EUR may break a psychological low
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Recommendation:
SELL 1.1305
SL 1.136
TP1 1.1205 TP2 1.1175 TP3 1.075
On the daily chart of EUR/USD, bulls couldn't pull the pair out of the short-term consolidation of 1.13-1.15 and to targets of the "Wolfe waves". It signals their weakness. Bears have taken the initiative. To keep moving down they need to break the support at 1.13.
On H1, 88.6% and 113% targets determine key levels of support at 1.1325 and 1.1285. A break of the August low may cause a sharp decline.