On Lower High territory. Best short opportunity.
EURUSD has marginally exceeded the 1W Lower High limitation that we have designated but is nonetheless near the 1.1670 maximum (1D Lower High) of the 1D Channel Down (RSI = 53.612). With US GDP coming up this Wednesday, I expect this curve (blue) to contain the price within the tight Channel Down limitations and reject it towards 1.15116 at first. We remain short with TP = 1.12840 and 1.11765 in extension.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.