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EUR/USD analysis for February 15, 2022 - Rejection of key resistance trendline

Technical analysis:


EUR/USD has been upside this morning but I see potential for the downside continuation due to rejection of the key trend line at 1,1355.

Trading recommendation:

Due to downside rejection of the key resistance trend line at 1,1355 and upside exhaustion this morning, I see potential for the downside movement.

Watch for selling opportunities with the downside objective at 1,1285

Short-term trend is downside, which is another confirmation for further downside continuation.

Trading analysis offered by Complex Trader - a RobotFX partner.