Triangulation has always been amongst the very tricky areas where motion will gain momentum for a drop, and cause confusing swings before committing itself to one direction.
Continuation of the tendency where a certain support will be broken is met by a rebound in a the opposite direction.
Such seems to be the case with the EUR. The low of 3690-3720 could be another grounds for a rebound again to the 3800 zone. Its strongly suggested that to leave and wait for this rebound to happen first before going short again. You also have another option of collecting your profit at the lows of 3700 and then putting pending order for a sell below 3680 level, because below that level we will dip lower to the midst of 3550, but if it doesnt go to 3680, then we will start upward movement again to 3800
Continuation of the tendency where a certain support will be broken is met by a rebound in a the opposite direction.
Such seems to be the case with the EUR. The low of 3690-3720 could be another grounds for a rebound again to the 3800 zone. Its strongly suggested that to leave and wait for this rebound to happen first before going short again. You also have another option of collecting your profit at the lows of 3700 and then putting pending order for a sell below 3680 level, because below that level we will dip lower to the midst of 3550, but if it doesnt go to 3680, then we will start upward movement again to 3800