EUR/USD
As the euro ramp-a-thon has gained +400 pips in the last 13 days, the pair has shown consistent continuation patterns all the way up. Until now that is. After forming a strong rejection at 1.3300, the pair pulled back and then re-challenged the 1.3300 highs, forming a LH (Lower High) and pin bar on the 4hr charts.
Intraday players can definitely look for corrective price action pullbacks to sell just below these levels with tight stops. Downside support for bulls is parked at the 1.3186 role reversal level, so plays on both sides here. A break above 1.3300 targets 1.3384 and 1.3487 while a downside break of 1.3186 quickly puts 1.3130 and 1.3033 in focus.
EUR/USD" title="EUR/USD" width="560" height="371">
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