EURUSD Short Opportunity
Updated
We have many confirmations why to sell EU. Price is still in high overbought on a higher timeframes so what should we expect ? Price usually in this case come back to retest 50 EMA which nicely fit with a demand zone (blue trendline). We can also see bearish signs on a lower timeframes. Also 20 EMA and 50 EMA on the H4 timeframe are crossed.
Note
This pair will be influenced by DXY analysis. Check this up to see how we will manage this trade if DXY make SHORT move.
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