Last time I posted about reasons to go Short with EURUSD. And I earned 173pips of profit. Price had pullback after that, and testing resistances once more. Now, we are having second opportunity to trade. The hourly chart formed Butterfly pattern.
Pending entry placed below the 61.8% of Fibo. The initial target is 1.1050.
If there was no limitation on the order numbers, I would place one more pending order @1.1265. This is the second, and the most probable turning point.
aagiidu 
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