EUR/USD - Intraday - We look to Sell a break of 1.2159 (stop at 1.2181)
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Trend line support is located at 1.2180.
A break of 1.2180 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 1.2101 and 1.2081
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2130
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Trend line support is located at 1.2180.
A break of 1.2180 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 1.2101 and 1.2081
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2130
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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.