EURUSD Sell a break setup.
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EURUSD - Intraday - We look to Sell a break of 1.1947 (stop at 1.1969)
Daily signals are mildly bearish.
A break of 1.1950 is needed to confirm follow through negative momentum.
Short term oscillators have turned negative.
We look for losses to be extended today.
We are trading at oversold extremes.
We can see no technical reason for a change of trend.
Our profit targets will be 1.1872 and 1.1842
Resistance: 1.1970 / 1.2000 / 1.2050
Support: 1.1950 / 1.1900 / 1.1870
Daily signals are mildly bearish.
A break of 1.1950 is needed to confirm follow through negative momentum.
Short term oscillators have turned negative.
We look for losses to be extended today.
We are trading at oversold extremes.
We can see no technical reason for a change of trend.
Our profit targets will be 1.1872 and 1.1842
Resistance: 1.1970 / 1.2000 / 1.2050
Support: 1.1950 / 1.1900 / 1.1870
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