EURUSD Sell the downtrend.
Updated
EURUSD - Intraday - We look to Sell at 1.2197 (stop at 1.2217)
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2190.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extened attempts higher are expected to fail.
Our profit targets will be 1.2138 and 1.2118
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2140
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.2190.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extened attempts higher are expected to fail.
Our profit targets will be 1.2138 and 1.2118
Resistance: 1.2200 / 1.2220 / 1.2240
Support: 1.2180 / 1.2160 / 1.2140
Order cancelled
Trade wasn't filled intraday.
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