Euro / U.S. DollarShort
EURUSD Needs to retrace within the channel
Expecting a pullback before a continuation.
I know everybody is extremely bullish about this pair. But I have a biased bearish. The 4H and 1H RSI is quite overbought after it formed a "W" formation. It is expected to go down to the neckline before passing 1.2 resistance. What do you think?
I know everybody is extremely bullish about this pair. But I have a biased bearish. The 4H and 1H RSI is quite overbought after it formed a "W" formation. It is expected to go down to the neckline before passing 1.2 resistance. What do you think?
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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.