EURUSD - Intraday - We look to Sell a break of 1.1979 (stop at 1.2002)
50 1day EMA is at 1.1987.
Daily signals are mildly bearish.
A lower correction is expected.
A break of 1.1980 is needed to confirm follow through negative momentum.
Short term bias is bearish.
Our profit targets will be 1.1918 and 1.1901
Resistance: 1.2030 / 1.2050 / 1.2080
Support: 1.2000 / 1.1990 / 1.1960
50 1day EMA is at 1.1987.
Daily signals are mildly bearish.
A lower correction is expected.
A break of 1.1980 is needed to confirm follow through negative momentum.
Short term bias is bearish.
Our profit targets will be 1.1918 and 1.1901
Resistance: 1.2030 / 1.2050 / 1.2080
Support: 1.2000 / 1.1990 / 1.1960
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