The EURUSD is currently pressured below the strong resistance level at 1.09326 and above the significant support level at 1.09175.
A decisive break below 1.09175 could create a sell signal with an immediate take profit target at 1.09115.
If the selling momentum intensifies, then the next profit levels of interest could be at 1.09084 and 1.09024.
A technical stop-loss could be set at 1.09326.
All three indicators, MACD, Momentum and Weighted M.A. confirm the bearish scenario.
A decisive break below 1.09175 could create a sell signal with an immediate take profit target at 1.09115.
If the selling momentum intensifies, then the next profit levels of interest could be at 1.09084 and 1.09024.
A technical stop-loss could be set at 1.09326.
All three indicators, MACD, Momentum and Weighted M.A. confirm the bearish scenario.