EURUSD seems like is going to duplicate itself and the duplication level is indeed 1.1700. It also confluences with the D1 spike from August 25th. I believe this could be a great sell opportunity so follow the plan below.
EURUSD Technical Analysis:
D1 – double waves, strong resistance zone
Sell Entry:
Wait for the pair to reach 1.1700 and break above it. Once we get a bearish candle pattern on the H4 chart, sell the pair. Protection should be placed above last high that will be created. As a first target aim 1.1500 then 1.1230
Yours,
Vladimir
