EURUSD Short-term Sell
It seems like the Euro struggled to gain momentum above 1.1480 against the US Dollar and moved down.
The EURUSD pair moved below 1.1440 and the 100 hourly simple moving average, and currently following a bearish trend line with resistance at 1.1435.
The pair is likely to face resistance near 1.1425-30 and move down to test the 1.236 extension of the last wave from the 1.1391 low to 1.1455 high at 1.1376. Selling rallies near 1.1430 in the short term may be considered with a stop of a close above the 100 hourly simple moving average.