The chaos in Italy is driving the Euro to the key support which is around 1.15500 – 1.14600, Lowest levels since November 2017. We also have the weekly take profit zone (WM1-WS2) around 1.15500 and the monthly S3 at 15.889. You can also see the stochastic at oversold levels in the Weekly, Daily and 4h charts.
My plan as a Euro bull is to wait for a reversal pattern first around 1.15500 and if it breaks that, maybe start looking to 1.14500, which is a 50% Fib retracement.
Take Care!

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