hey traders, eurusd finally reached a crucial level of resistance. Clear bullish divergence on RSI in conjunction with dodji makes me looking for selling opportunities. as you see, from August 15, the market established a rising wedge, bearish breakout of this wedge will trigger selling reaction from many traders so probably we will see a nice rally to the market low (but, dont be caught in a trap, wait for clear confirmation after breakout).
I would set stop above 1.18, target would be based on market low!