EURUSD - We look to Sell at 1.0700

Pia-first Team PIA-first

EUR/USD - We look to Sell at 1.0700 (stop at 1.0740).

EURUSD - Continued upward momentum from 1.0521 resulted in the pair posting net daily gains yesterday. The rally is close to an exhaustion count on the intraday chart. Bespoke resistance is located at 1.0700. The AB=CD formation target is located at 1.0465. Trend line support is located at 1.0465. Our profit targets will be 1.0465 and 1.0420.

EURUSD Current Trading Positions

Sell 58%

Buy 42%

Avg Sell Price 1.0675

Avg Buy Price 1.0674

Liquidity Distribution

Author

Pia-first Team

PIA-first

Our analysis service is provided by 4 market professionals who have between them spent 85 years in investment bank and professional firm dealing rooms as traders, salesmen and analysts.

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