Sell EURUSD @ 1.0600. Take profit targets @ 1.0560 and 1.0510
Stop loss @ a close above 1.0630
On the 4 hours chart, the EURUSD pair reached the resistance level formed since last the beginning of the year and it’s showing weakness around the price 1.0600. The moving average is diverting from the CCI as a bearish trend line is formed. The CCI reached the overbought zone on both the 4 hours chart and the daily chart, which is confirming weakness in the pair.