EURUSD - Intraday - We look to Sell at 1.1275 (stop at 1.1310)
Trades at the lowest level in 11 days. Trading inside the Daily Ichimoku Cloud. Expect trading to remain mixed and volatile. The 261.8% Fibonacci extension is located at 1.1233 from 1.1412 to 1.1344. Previous resistance at 1.1275 now becomes support. Bespoke resistance is located at 1.1275. Preferred trade is to sell into rallies.
Our profit targets will be 1.1175 and 1.1150
Resistance: 1.1255 / 1.1275 / 1.1283
Support: 1.1218 / 1.1200 / 1.1175