Technical Outlook and Chart Setups:
The structure above did not change much. The single currency has reached its measured second target above 1.54 yesterday. It is now recommended to stay aside for a while before taking a call. Usually when Fibonacci is met upside target, it is a natural resistance and the prices begin to retrace. We shall watch the currency pair on small timeframes now for signs of reversal.
Trading Recommendations:
Profit booked at 1.5400. Flat for now.
Good Luck!
