After a pullback towards 1.21587-1.21469, Euro couldn’t close above this zone, whereas we continue to see substance below 1.21587. We recommend searching for sell positions with low risk by expecting that price will continue downward movement with the next ideal target set at 1.20750. Meanwhile breakout below this level will encourage the price much lower with the next ideal target set at 1.18910. It is recommended to keep looking for sell orders if the price breaks and closes above 1.21587.

Trade Recommendations:

Sell Euro from around 1.21469 towards 1.20750.