EURUSD Sell the pivot.
EUR/USD - Intraday - We look to Sell at 1.2238 (stop at 1.2261)
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Pivot resistance is at 1.2240.
Bespoke resistance is located at 1.2240.
Trading within a Bearish Ascending Wedge.
Our profit targets will be 1.2172 and 1.2152
Resistance: 1.2240 / 1.2260 / 1.2280
Support: 1.2200 / 1.2180 / 1.2160
Daily signals for sentiment are at overbought extremes.
Bearish divergence is expected to cap gains.
Pivot resistance is at 1.2240.
Bespoke resistance is located at 1.2240.
Trading within a Bearish Ascending Wedge.
Our profit targets will be 1.2172 and 1.2152
Resistance: 1.2240 / 1.2260 / 1.2280
Support: 1.2200 / 1.2180 / 1.2160
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