EURUSD Sell the downtrend.
Updated
EUR/USD - Intraday - We look to Sell at 1.1829 (stop at 1.1851)
Trend line resistance is located at 1.1830.
Rallies continue to attract sellers.
We look for a temporary move higher.
Trades with a bearish descending triangle formation.
Our profit targets will be 1.1768 and 1.1758
Resistance: 1.1800 / 1.1820 / 1.1840
Support: 1.1780 / 1.1770 / 1.1750
Trend line resistance is located at 1.1830.
Rallies continue to attract sellers.
We look for a temporary move higher.
Trades with a bearish descending triangle formation.
Our profit targets will be 1.1768 and 1.1758
Resistance: 1.1800 / 1.1820 / 1.1840
Support: 1.1780 / 1.1770 / 1.1750
Trade closed: target reached
Related publications
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.