After breaking above the falling trend line resistance, EurUsd has failed to continue up and, instead, reversed from above 1.2150 resistance and strong sell zone. I expect a new bear leg from this pair at this point and rallies above 1.21 should be sold. Only a daily close in 1.22 area would negate this scenario
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.