EURUSD rejected by the strong long-term resistance level
On the EURUSD daily chart, we can see that the pair is testing and being rejected by the strong long-term horizontal resistance 1.15200 level. We need to see a daily close above this level for the upside reversal and a test of 200 SMA 1.16000 level.
Note: look for the short trade entries with a stop loss above 1.15200 level.
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