Primary trend remains bearish on EURUSD

EURUSD - Intraday - We look to Sell at 0.9970 (stop at 1.0033)

The primary trend remains bearish. A firmer opening is expected to challenge bearish resolve. Resistance is located at 0.9980 and should cap gains to this area. Preferred trade is to sell into rallies. Further downside is expected.

Our profit targets will be 0.9826 and 0.9800

Resistance: 0.9980 / 1.0320 / 1.0800
Support: 0.9825 / 0.9750 / 0.9700

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