EURUSD - Intraday - We look to Sell at 1.1844 (stop at 1.1879)
Selling pressure from 1.1909 resulted in all the initial daily gains being overturned. The rally has posted a correction count on the daily chart. Intraday, and we are between bespoke support and resistance 1.1762-1.1844. We have a 61.8% Fibonacci pullback level of 1.1844 from 1.1909 to 1.1740.
Our profit targets will be 1.1740 and 1.1700
Resistance: 1.1806 / 1.1815 / 1.1844
Support: 1.1761 / 1.1740 / 1.1630
Selling pressure from 1.1909 resulted in all the initial daily gains being overturned. The rally has posted a correction count on the daily chart. Intraday, and we are between bespoke support and resistance 1.1762-1.1844. We have a 61.8% Fibonacci pullback level of 1.1844 from 1.1909 to 1.1740.
Our profit targets will be 1.1740 and 1.1700
Resistance: 1.1806 / 1.1815 / 1.1844
Support: 1.1761 / 1.1740 / 1.1630
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