Trade Idea EUR/USD intraday: capped by a negative trend line. |
Pivot: 1.2230.
Our Preference: SHORT positions @ 1.222 with targets @ 1.2165 & 1.215. Alternative scenario: The upside breakout of 1.223 will open the way to 1.2265 & 1.2295. Comment: the pair is rebounding but remains capped by a declining trend line. |
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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