EURUSD - Intraday - We look to Sell at 1.2198 (stop at 1.2218)
Bearish divergence is expected to cap gains.
Trend line resistance is located at 1.2200.
Bespoke resistance is located at 1.2200.
We look for a temporary move higher.
Broken out of the wedge to the downside.
Our profit targets will be 1.2138 and 1.2118
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2130
Bearish divergence is expected to cap gains.
Trend line resistance is located at 1.2200.
Bespoke resistance is located at 1.2200.
We look for a temporary move higher.
Broken out of the wedge to the downside.
Our profit targets will be 1.2138 and 1.2118
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2130
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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.