Strong bearish divergence on MACD on daily chart has been formed. In recent years such a divergence always preceded medium term trend change or large correction. I'm selling EURUSD from this point with no SL due to very good swaps (rollovers) on short positions. Be prepared for one more spike up (so-called 'SL hunting' or 'Wash & Rinse') on Thursday, thus don't risk too much.
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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.