Signal_Centre

EURUSD - Hold the base of the wedge

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD - Intraday - We look to Sell at 1.1000 (stop at 1.1030)

6 negative daily performances in succession. Selling posted in Asia. The trend of lower lows is located at 1.0931. There is no clear indication that the downward move is coming to an end. Risk/Reward would be poor to call a sell from current levels. We look to set shorts at our bespoke indicator level (1.1000).

Our profit targets will be 1.0930 and 1.0850

Resistance: 1.0985 / 1.1000 / 1.1011
Support: 1.0930 / 1.0850 / 1.0575

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