My first Tactical Trading Tuesday for the year on my favorite pair. As we see EURUSD price action complying within a converging triangle I'm pointing you towards two tactical entries.
The first entry is following the main trendline on the bearish daily momentum and expecting strong resistance @1.15 level And the second entry featuring a breakout from the triangle as price is projected to break support around @1.1350
Please bear in mind that this is a daily chart so these trades are primarily geared toward the medium to long term traders. Any deviation from highlighted yellow projections will deem these trades invalidated.
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