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