EURUSD - Intraday - We look to Sell at 1.2171 (stop at 1.2192)
Broken out of the wedge to the downside.
Bespoke resistance is located at 1.2170. Pivot resistance is at 1.2181.
The trend of higher intraday lows has also been broken.
Bearish divergence is expected to cap gains.
Offers ample risk/reward to sell at the market.
Our profit targets will be 1.2111 and 1.2091
Resistance: 1.2170 / 1.2185 / 1.2200
Support: 1.2160 / 1.2140 / 1.2120
Broken out of the wedge to the downside.
Bespoke resistance is located at 1.2170. Pivot resistance is at 1.2181.
The trend of higher intraday lows has also been broken.
Bearish divergence is expected to cap gains.
Offers ample risk/reward to sell at the market.
Our profit targets will be 1.2111 and 1.2091
Resistance: 1.2170 / 1.2185 / 1.2200
Support: 1.2160 / 1.2140 / 1.2120
