- Late to the game. What has held me back is the monthly chart - hard to make a strong case for a trend trade here with the huge overlaps.
- Weekly and Daily : Break below 1.2964 = sell signal (acted on today only). Actually the Nov10 break of the weekly uptrend support line at 1.3299 was an earlier sell signal. In hindsight, that turned out to be a very difficult trade as market subsequently traversed this several times (as high at 1.3498).
- 1st possible target 1.2584.
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