Euro purchases are best done after a decline to support level 1.1876 with the formation of a false breakdown there, or to a rebound from 1.1825. Break and consolidation above 1.1927, will also be a signal to the longs with an exit already at 1.1975, where I sell for a rebound. Unsuccessful consolidation and return under 1.1927, a good signal to sales in the area of 1.1876.
While the trade is below 1.3537, the pressure will be maintained. Purchases in this case are best done on a false breakout from 1.3464, or on a rebound from 1.3422 with a short stop below. If we return to 1.3537, I buy with the target 1.3613, where I sell for a rebound. Also, if there is no faster growth above 1.3537, and there will be no further growth to this level by the afternoon.
Purchases on false breakdown from 1317.70, or on a rebound from 1314.40. If we go above the resistance of 1321.30, I will add to the long with a target of 1326, where I sell gold immediately for a rebound.