Bearish price action at the upper TL, EUR/USD may decline more
1170
In the daily chart, EUR/USD is showing bearish price action at the upper TL of the broadening wedge. Multiple bearish candlesticks have formed in this area.
So, likelihood of a strong decline is increasing.
Selling EUR/USD@1.2030-1.2060 with SL above 1.21 and TP at 1.1850 is a possible signal.