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PlazoSullivanRocheCapital

Short EURUSD after the ranging pair hits the northern resistance

Short
Euro / U.S. Dollar (FX:EURUSD)  
PlazoSullivanRocheCapital  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The overbought advance of EUR has the potential to drive beyond 1.1915, HOWEVER, news of Pfizer's coronavirus vaccine ralled US stock and propped the US further. The next resistance is beefy at 1.1960. Terror attacks in Austria and France further knock the wind from further EUR growth.

EURUSD upward pressureis fizzling and EUR is likely to trade sideways for today within a range of 1.1790/1.1880.

Weis waves at H4 up have turned red and the best SHORTS can be placed when the price his the resistance zone marked on the chart and EURUSD retraces downwards.
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