After a + 600 pips rally this pair stalled at a clear resistance area. I think EUR is not ready for a rally against commodity currencies such as CAD, AUD, NZD.
Here on D1 chart we see a trendline resistance also.I would sell right now with SL and targets shown on chart.
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Here on D1 chart we see a trendline resistance also.I would sell right now with SL and targets shown on chart.
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).