EURUSD Short
+ Weekly: Last week candle closed as a shooting star below 1.1340 after huge rejection signalling bear strength to come. Moving averages also bearish.
+ Daily: Strong break below 1.1340 and is now at .1300 monthly with small rejection signalling bull pressure coming in. Moving averages havent crossed bearish yet.
+ 4hr: I do now expect price to rally up into 1.1340. If this level hold then I do expect price to plummet to 1.1150 weekly support.
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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.