EURUSD: Key Level Test & Your Confirmation to Sell

Hey traders,

⚠️EURUSD reached a key daily structure resistance last week.
The price was coiling on that upper boundary and didn't manage to break through.

However, technically speaking it still remain bullish.
To catch a reversal, wait for a bearish breakout of a rising wedge pattern.
That will be a solid confirmation.

Goals will be 1.207 / 1.2

❗️In case of a bullish breakout of a yellow cluster, setup will be invalid.

Comment:

Check my new analysis on EURJPY: