Stumbling the EURUSD legs by the hour
A lot has changed on the EUR USD : resolving to the downside
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- notice there are no overbought readings on the RSI anymore = RSI moving towards the lower end of the band = bearish
- funy thing: the green support area seems less and less important - it has now gotten violated late May, early June, and now again (even in one session)
I've closed my short term long at a loss, and I'm in into a new short position from 1.1070, first take profit at 1.0820. And perhaps it even crashes lower (1.0450 who knows - see the dialy chart :)
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- notice there are no overbought readings on the RSI anymore = RSI moving towards the lower end of the band = bearish
- funy thing: the green support area seems less and less important - it has now gotten violated late May, early June, and now again (even in one session)
I've closed my short term long at a loss, and I'm in into a new short position from 1.1070, first take profit at 1.0820. And perhaps it even crashes lower (1.0450 who knows - see the dialy chart :)
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