We look to Sell a break of 1.0820 with targets of 1.0751 & 1.0730 and a stop of 1.0845
Selling pressure from 1.0885 resulted in all the initial daily gains being overturned.
Buying posted in Asia.
Bespoke resistance is located at 1.0855.
The previous swing high is located at 1.0860.
A bearish Head and Shoulders is forming.
A break of 1.0821 is needed to confirm follow through negative momentum.
The formation has a measured move target of 1.0751
Selling pressure from 1.0885 resulted in all the initial daily gains being overturned.
Buying posted in Asia.
Bespoke resistance is located at 1.0855.
The previous swing high is located at 1.0860.
A bearish Head and Shoulders is forming.
A break of 1.0821 is needed to confirm follow through negative momentum.
The formation has a measured move target of 1.0751
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