Our Bearish Butterfly worked as predicted so far. - See attached -
The pair is testing the 1.13300 support.
Eurozone CPI and PMI will be released. Breakout of 1.13300 and the trendline will trigger the bearish move. The ultimate target of the trade is 1.12100.
Now we close 30% of the positions and move Stop Loss to entry level.
We will add short at the breakout of the Trend Line .