Trade Idea Wrap-up: EUR/USD – Sell at 1.4720

As intra-day selloff has gathered momentum after breaking support at 1.4755 (now turned into resistance), adding credence to our view that top has been formed at 1.4940 yesterday and bearishness remains for retracement of recent upmove to 1.4545/50 (50% Fibonacci retracement of 1.4156 to 1.4940), below would extend weakness towards