EURUSD - Intraday - We look to Sell a break of 1.2059 (stop at 1.2078)
Posted a bearish Flag formation.
A break of 1.2060 is needed to confirm the outlook.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
Pivot support is at 1.2066.
We look for losses to be extended today.
Our profit targets will be 1.2001 and 1.1981
Resistance: 1.2100 / 1.2120 / 1.2150
Support: 1.2060 / 1.2040 / 1.2020
Posted a bearish Flag formation.
A break of 1.2060 is needed to confirm the outlook.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
Pivot support is at 1.2066.
We look for losses to be extended today.
Our profit targets will be 1.2001 and 1.1981
Resistance: 1.2100 / 1.2120 / 1.2150
Support: 1.2060 / 1.2040 / 1.2020
Trade closed: stop reached
