7867150 9/12/2017 12:06 PM, EUR/USD Intraday: capped by a negative trend line.


Pivot: 1.2000


Our preference:

short positions below 1.2000 with targets at 1.1910 & 1.1870 in extension.


Alternative scenario:

above 1.2000 look for further upside with 1.2030 & 1.2050 as targets.


Comment:

as long as 1.2000 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.2050

1.2030

1.2000


1.1960

Last

1.1910

1.1870

1.1840