EURUSD Sell a break setup.
Updated
EURUSD - Intraday - We look to Sell a break of 1.2038 (stop at 1.2064)
Trading within a Bearish Channel formation.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
The bias is to break to the downside.
Our profit targets will be 1.1965 and 1.1931
Resistance: 1.2100 / 1.2130 / 1.2180
Support: 1.2060 / 1.2040 / 1.2000
Trading within a Bearish Channel formation.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
The bias is to break to the downside.
Our profit targets will be 1.1965 and 1.1931
Resistance: 1.2100 / 1.2130 / 1.2180
Support: 1.2060 / 1.2040 / 1.2000
Order cancelled
Order cancelled, trade wasn't filled intraday.
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