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Anyone else watching EURUSD closely? I'm seeing a potential short setup forming on the H4 chart. RSI is below 40, and price is struggling to stay above 1.1775. What are your targets if it breaks lower? Looking for some opinions on realistic TP levels. Thnk we see 1.1730?
@danielcyclist I'm not sure about 1.1730, but 1.1750 seems like a reasonable target if it breaks down. The 20 SMA is right around there too, might act as support. I'm watching for confirmation before shorting.
