EURUSD Sell the downtrend.
EURUSD - Intraday - We look to Sell at 1.2169 (stop at 1.2187)
Broken out of the wedge to the downside.
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2170.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2121 and 1.2111
Resistance: 1.2130 / 1.2150 / 1.2170
Support: 1.2110 / 1.2090 / 1.2080
Broken out of the wedge to the downside.
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2170.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.2121 and 1.2111
Resistance: 1.2130 / 1.2150 / 1.2170
Support: 1.2110 / 1.2090 / 1.2080
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