Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :)
45 Min EURUSD has just made a nice pull back to the previous support level now turned resistance. Now things to consider:
1. Volume reducing as price is increasing 2. MACD is now supporting a classical bearish divergence 3. Price is also within range of the 200 Moving Average. 4. Stoch RSI now crossing over.
Wait for break in trend line for sell down.
OVERALL expecting More downward move on this pair.
- Thanks for reading
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
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.
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.