FX_IDC:EURUSD   Euro / Dollar Américain
After EURUSD reached the monthly 'strong' resistance, it made a modest decline due to Dollar sell-off and Euro relief rallies that are currently ongoing. That being said, I highly warn you to STAY AT THE SIDELINES FOR THE MOMENT when trading this pair as there is a high risk due to the current phase of the weak dollar-weak euro. As graphed below, these are the possible plays that may take place for the next trading sessions.

PS The monthly resistance have shown its strength once at 2016-11-09. I was actually long back then and was surprised it spiked just right at my Take Profit before plummeting when Draghi started to speak.
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