EUR / USD is currently trading between the 50% and 61.8% retracement levels.
The H1 chart shows that there is a strong pressure at 1.16500.
As such, traders should close 2/3 of the positions upon reaching 1.16500 and leave 1/3 until the price hits 1.19.
Be careful on going short amid a weak dollar!
This analysis is based on Price Action and Stop Hunting strategies.
Good luck and have a nice day!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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