This could be a critical reversal level or the break up for EurUsd. €$ is on the UMLP but i suspect it ( 1.3373) is the third and failed attempt(not including the original high ie p2) ,,,,,a break of 1.3360 will trigger a confirmation and i will then look for a short entry or we will see price considerably higher...it's now a simple case of 'either' -'or'. If we fail to go up through the pink UMLP here (and this is the third retry so it is looking weak) then we go down sharply if not there should be a piece of upwards energy that could take out the previous high.
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