EURUSD Update - Price hit resistance and is now finding selling

The EURUSD is holding up at the resistance zone around 1.1087 and we see the makings of distribution (where recent buyers are locking away some gains). This does not particularly mean that the move up is over so we are watching the 1.1065 zone as a risk level and a break of this level suggests that sellers are taking control and a pullback is on the cards.

** If you enjoy our free content, please follow our profile, by hitting the Follow button, at https://www.tradingview.com/u/Trade_Setup/ to get further high quality ideas. **

** Any comments and likes are most welcome and will be greatly appreciated. **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. Check out www.tradesetup.com.au **

YouTube Channel - Join us on our Live Stream to chat about all things markets here https://www.youtube.com/c/TradeSetupAu/live

Come along to our Free Meetup Event 'Three Key Tips used by Professional Traders to Improve Your Success' on Dec 11th at 7pm AEDT here https://www.meetup.com/Trading-Meetup-Melbourne/events/266744930/