Latest EURUSD updated sell area

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Based on the latest price action, I have changed my sell to two areas. One for a short term sell and one more a longer term sell position. The chart above depicts a shorter term chart. From the chart, price action suggest price has not found a direction which it will move as yet. I would be monitoring the chart closely.


A price close above the blue highlighted box would see EURUSD going higher and a close below the lower blue line would see prices trading downwards. The above blue line is 1.0848 and lower line is 1.0734.

EURUSD Daily chart


On the longer term view, The EURUSD should see some strong resistance at 1.0902 to  1.1000 area. I still have a long term sell view on the EURUSD. Thus any bearish signals appearing at the resistance area which I mentioned earlier would see me holding trades longer for bigger profits. Mid point targets would be the 1.0605 area.