EURUSD - Intraday - We look to Sell at 1.2069 (stop at 1.2087)
Daily signals are mildly bearish.
Bearish divergence is expected to cap gains.
A lower correction is expected.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2016 and 1.1996
Resistance: 1.2070 / 1.2100 / 1.2120
Support: 1.2060 / 1.2040 / 1.2020
Daily signals are mildly bearish.
Bearish divergence is expected to cap gains.
A lower correction is expected.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2016 and 1.1996
Resistance: 1.2070 / 1.2100 / 1.2120
Support: 1.2060 / 1.2040 / 1.2020
Trade closed: target reached
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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.