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Euro / U.S. Dollar
Short

SHORT EUR/USD.

By KNFX_TRADING
SHORT EUR/USD, ***IF there is a clear rejection around the 38,20% level of the fibonacci, wich is on a daily key level. The market broke a channel and is now retesting a daily resistance. Also, there is a divergence in the market (pink channel and line on the RSI), wich indicates a possible move to the downside. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsDivergenceEURUSDTechnical IndicatorskeylevelshortTrend Analysis
KNFX_TRADING

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