EUR/USD - Intraday - We look to Sell at 1.2238 (stop at 1.2261)
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Pivot resistance is at 1.2240.
Bespoke resistance is located at 1.2240.
Trading within a Bearish Ascending Wedge.
Our profit targets will be 1.2172 and 1.2152
Resistance: 1.2240 / 1.2260 / 1.2280
Support: 1.2200 / 1.2180 / 1.2160
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Pivot resistance is at 1.2240.
Bespoke resistance is located at 1.2240.
Trading within a Bearish Ascending Wedge.
Our profit targets will be 1.2172 and 1.2152
Resistance: 1.2240 / 1.2260 / 1.2280
Support: 1.2200 / 1.2180 / 1.2160
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.