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EUR/USD – down trend, suitable level for short 1.2075

EUR/USD – down trend

Short and medium term movement – short

Gap and long bar – which shows that sentiments are negative.

Resistance: 1.2078, a break above an increase, buy – risk

Suitable levels to sell – around 1.2078

Indicators in a negative formation, MACD-signal sell RSI below 40 – negative sentiment

Price below the moving average 50, 100 and 200

Short is more likely, at the moment is risky for sell, sell only after a slight increase to around 1.2078 with a stop above 1.21


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