EURUSD - Intraday - We look to Sell at 1.2169 (stop at 1.2187)
Broken out of the wedge to the downside.
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2170.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2121 and 1.2111
Resistance: 1.2130 / 1.2150 / 1.2170
Support: 1.2110 / 1.2090 / 1.2080
Broken out of the wedge to the downside.
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2170.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2121 and 1.2111
Resistance: 1.2130 / 1.2150 / 1.2170
Support: 1.2110 / 1.2090 / 1.2080
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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.