EURUSD - Limited downside for the major pair
EURUSD - Intraday - We look to Buy at 1.1050 (stop at 1.1020)
Majority of the initial daily gains being overturned. Posted a Bullish Outside candle on the Daily chart. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Intraday, and we are between bespoke support and resistance 1.1050-1.1140. The trend of lower highs is located at 1.1104.
Our profit targets will be 1.1140 and 1.1220
Resistance: 1.1103 / 1.1140 / 1.1219
Support: 1.1050 / 1.1000 / 1.0950
Majority of the initial daily gains being overturned. Posted a Bullish Outside candle on the Daily chart. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Intraday, and we are between bespoke support and resistance 1.1050-1.1140. The trend of lower highs is located at 1.1104.
Our profit targets will be 1.1140 and 1.1220
Resistance: 1.1103 / 1.1140 / 1.1219
Support: 1.1050 / 1.1000 / 1.0950
Live Youtube - www.youtube.com/@SignalCentre/streams