This 4 hours chart could suggest that 50 MA would soon come into play and the Mcginley indicator could offer Resistance and 20 MA TURNING down could suggest upward spike limited
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1 hour chart 100 MA 1.1480 AND 1 HOUR CHART 4 HRS MA 1.360, THESE two could fire up the charts for now
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Have a Short now with stoploss at 1.1430 , good luck
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Trade objective completed, booked profits for now , closed shorts here, and would go for cautious Shorts