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Euro / U.S. Dollar
Short

EUR/USD - BEARISH RSI DIVERGENCE | 61.8% FIBONACCI TARGET

198
  • EUR/USD has printed bearish RSI divergence on the 1H timeframe
  • Due to this signal, a short position has been opened with the target as the 61.8% fibonacci retracement at ~$1.219
  • This forms confluence with the 270MA which has been tested multiple times
  • A stop will be placed just above the macro swing high of ~$1.228
JayanVarsani
Also on:
Chart PatternsdollarDXYeuroEURUSDForexfxGBPUSDGoldTechnical IndicatorsTrend AnalysisUSD

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.
Chart PatternsdollarDXYeuroEURUSDForexfxGBPUSDGoldTechnical IndicatorsTrend AnalysisUSD
JayanVarsani
Also on:

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.