EURO/USD Technical Analysis
1.2080 was the resistance of both the bullish and possibly bearish trendline. On the daily chart it was meaningful to have a shooting star candlestick right at this day. If we have a close below or near 1.20 today I assume the bullish trendline will be re-tested and 1.18-19 price can be a take profit.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.