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
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.