EURUSD Sell a break setup.
EURUSD - Intraday - We look to Sell a break of 1.1998 (stop at 1.2021)
Daily signals are mildly bearish. A break of 1.2000 is needed to confirm follow through negative momentum. Short term oscillators have turned negative. We look for losses to be extended today. 20 4hour EMA is at 1.2050.
Our profit targets will be 1.1931 and 1.1901
Resistance: 1.2030 / 1.2050 / 1.2080
Support: 1.2010 / 1.2000 / 1.1950
Daily signals are mildly bearish. A break of 1.2000 is needed to confirm follow through negative momentum. Short term oscillators have turned negative. We look for losses to be extended today. 20 4hour EMA is at 1.2050.
Our profit targets will be 1.1931 and 1.1901
Resistance: 1.2030 / 1.2050 / 1.2080
Support: 1.2010 / 1.2000 / 1.1950
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