EURUSD 07/17/2020
EURUSD looks overextended at the moment, both on the 4 hour and 1 hour charts. Therefore currently looking for shorts.
Price has been unable to break the intraday high in blue, and is showing depletion in bullish pressure.
Currently looking for a break of structure and bearish momentum to provide some sell opportunities on the intraday high in blue, as well as a break and retest of
the grey mid-level so long as price shows clear direction and stays below that level.
There is a lot of opportunities on this pair currently (in my opinion) and we shall be monitoring the 1H, 15min and 5min as price trends.
Cheers.
Price has been unable to break the intraday high in blue, and is showing depletion in bullish pressure.
Currently looking for a break of structure and bearish momentum to provide some sell opportunities on the intraday high in blue, as well as a break and retest of
the grey mid-level so long as price shows clear direction and stays below that level.
There is a lot of opportunities on this pair currently (in my opinion) and we shall be monitoring the 1H, 15min and 5min as price trends.
Cheers.
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