The EURUSD has made fast decline yesterday (daily inverse hammer) and it couldn't manage a break down of SMA(200) in 1H. MACD's (19,44,50) is getting bearish
It is a bear setup under all SMAs with first target 1.11 and below. (SL 1.12)
It is a bear setup under all SMAs with first target 1.11 and below. (SL 1.12)
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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.