EURUSD a trend has been broken sharply by long candle and now bears has taken the lead against the bulls. While resistance line is not broken – selling action is better to take now. At the moment it looks like that it is creating another support line whereas prices can jump back from it to 1.4113 price level. But for now, look for possibilities to sell.

eurusd

EURUSDTrendSupportResistance
Long TermNegative1.41131.4230