EURUSD failure at 1.2000.

The EURUSD failed at the key 1.2000 level (previous Sept 1 highs at 1.2011) today and that may be a risk for the bullish picture near term. Daily RSI remains divergent which also suggests another test of the 1.2000 level near term may not happen again before a move lower first. The trend line support comes in at 1.1890 and if that breaks a move back to the November 11th lows near the 1.1750 may be in the cards before another attempt higher.