EURUSD Idea

As we can see ERUSD failed twice to break the resistance level around the 1.2000 area (38.2 fib retracement). The Ichimoku indicates a downtrend momentum, but at the moment the Ichimoku lines are flat indicating a sideways momentum. I will look for short position once the Ichimoku lines will indicate trend continuation.
Technical IndicatorsTrend Analysis

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