EURUSD - Intraday - We look to Sell a break of 1.2057 (stop at 1.2075)
Daily signals are mildly bearish.
We can see no technical reason for a change of trend.
Short term RSI is moving lower.
Short term MACD is moving lower.
The trend of higher intraday lows has also been broken.
We look for losses to be extended today.
The bias is to break to the downside.
Our profit targets will be 1.2002 and 1.1965
Resistance: 1.2100 / 1.2140 / 1.2180
Support: 1.2060 / 1.2000 / 1.1960
Daily signals are mildly bearish.
We can see no technical reason for a change of trend.
Short term RSI is moving lower.
Short term MACD is moving lower.
The trend of higher intraday lows has also been broken.
We look for losses to be extended today.
The bias is to break to the downside.
Our profit targets will be 1.2002 and 1.1965
Resistance: 1.2100 / 1.2140 / 1.2180
Support: 1.2060 / 1.2000 / 1.1960
Trade closed: stop reached
Stop loss hit!
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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.