EurUsd- 1.2150 is strong ceiling
After breaking the flag's trend line resistance, EurUsd lacked continuation and found strong resistance in 1.2150 zone.
At this point 1.2150 is a strong ceiling and, in my opinion, rallies above 1.21 should be sold.
My target for a new leg down is 1.1950 and only a daily close above 1.2150 would negate this bearish scenario
At this point 1.2150 is a strong ceiling and, in my opinion, rallies above 1.21 should be sold.
My target for a new leg down is 1.1950 and only a daily close above 1.2150 would negate this bearish scenario
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