The EURUSD pair presents an enticing sell opportunity at the current price of 1.11644, with favorable potential for profit.
Targets:
Primary Target: 1.10980 Secondary Target: 1.09500 Breakout Scenario: 1.10100 In the event of a breach above the resistance level of 1.12000, indicative of a bullish breakout, the target price is anticipated to ascend towards 1.13500.
Technical analysis indicates a notable selling sentiment prevailing in the market at the present price level. Fundamental factors align with the proposed sell strategy, suggesting downward pressure on the EURUSD pair.