I look for price to retrace to the 1.3900 level where I will look for a short entry and target 1.3300 level. When price gets to 1.3600 this will be an important level to break. If price breaks 1.3600 then I believe we will reach 1.3300 as target 1. Here at the 1.3300 level price will react fairly strong and we can redraw fibs for further guidance. Early this week we could look for a long entry scalp up to the 1.3900 level or just wait for our short target.
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