LorenzoDecaria
Short

Bearish signals

FX:EURUSD   Euro / U.S. Dollar
53 0 2
I think the Euro             remains under pressure due to Greek turmoil and from a technical perspective I see some bearish behaviors that lean my bias on the bearish side. Price neatly broke a rising wedge and now is retesting the rea between 1.1200 and 1.1250 which could provide some resistance. Further confirmation is the 89 periods moving average nearing from the upside. There might be a couple of entry techniques: sell just around 1.1230 or enter on a break of the rising trendline (1.1190 could be a good trigger).
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