EURUSD Short Term Sell Setup

The pair after recovering sharply from the low of 1.2150 towards 1.2477 have failed to hold on its positive momentum and has turned down thereby negating the immediate bullish potential. Going ahead, prices on further recovery are likely to hold below 1.24 and turn weak towards 1.2090 ahead of turning higher for medium term.
Chart PatternsTrend Analysis

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