EURUSD - Intraday - We look to Sell a break of 1.1997 (stop at 1.2015)
There is no indication that the selloff is coming to an end.
Broken out of the triangle formation to the downside.
Trading close to the psychological 1.2000 level.
A break of 1.2000 is needed to confirm follow through negative momentum.
We look for losses to be extended today.
Our profit targets will be 1.1942 and 1.1902
Resistance: 1.2030 / 1.2050 / 1.2070
Support: 1.2000 / 1.1980 / 1.1950
There is no indication that the selloff is coming to an end.
Broken out of the triangle formation to the downside.
Trading close to the psychological 1.2000 level.
A break of 1.2000 is needed to confirm follow through negative momentum.
We look for losses to be extended today.
Our profit targets will be 1.1942 and 1.1902
Resistance: 1.2030 / 1.2050 / 1.2070
Support: 1.2000 / 1.1980 / 1.1950
