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Mihai_Iacob

EurUsd- 1.2150 is strong ceiling

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Mihai_Iacob  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdsell
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdsell
After breaking the flag's trend line resistance, EurUsd lacked continuation and found strong resistance in 1.2150 zone.
At this point 1.2150 is a strong ceiling and, in my opinion, rallies above 1.21 should be sold.
My target for a new leg down is 1.1950 and only a daily close above 1.2150 would negate this bearish scenario
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