EURUSD takes out 1.1695 support. Pullback expected ?

EURUSD has taken out previous support at 1.1695 and print 1.1672 lows today. The currency has pulled back since then and is trading around 1.1710 for now. The entire drop from 1.2010 through 1.1672 has taken shape as a potential a-b-c until now. If a corrective rally, possibly another a-b-c is underway, EURUSD will stay above 1.1672 lows and push through 1.1880 mark, which is fibonacci 0.618 of the above drop. Remains good to be sold on rallies.

Remain short, stop above 1.2010, target is open.

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