The price retracted back to previous support line which works as pressure line now.
It is possible continue moving to South and touch the down trend channel bottom line and previous support line area.
SlowStoch is in over bought level and crossed in 16 hours time frame. RSI touched the 50 level and showing turned.
It is possible continue moving to South and touch the down trend channel bottom line and previous support line area.
SlowStoch is in over bought level and crossed in 16 hours time frame. RSI touched the 50 level and showing turned.
Note
Continue short EUR/USD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.