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Signal_Centre
Jan 3, 2020 7:08 AM

EURUSD - Selling into rallies (day trade) Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD - Intraday - We look to Sell at 1.1199 (stop at 1.1224)

Bespoke resistance is located at 1.1224. Broken out of the wedge to the downside. Broken out of the wedge formation to the upside. Reverse trend line support comes in at 1.1128. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 1.1130 and 1.1120

Resistance: 1.1199 / 1.1210 / 1.1223
Support: 1.1163 / 1.1128 / 1.1120
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