EUR/USD: SHORT from Resistance 50% FIBO Pullback | READ | SELL

By FOREXN1
Updated
The EUR/USD Following our Initial idea which saw the EUR falling in the direction of the main trend, at following of the Pullback on the 50% Fibonacci level in confluence with the Resistance Area ( White Rectangle ) plus the rebound on the Dynamic trendline and the 50 Moving average, the price Taken our first Take profit and level of attention. The Stochastic outside the Overbought area seems close to falling and the RSI after some divergence it's turned definitely into the Bearish side. The Price's exactly in EVEN value with the USD and may be possible and strong Pushdown broken this previous support or a momentary retracement. Our vision is still Short.
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Chart PatternsdollarEUREURUSDTechnical IndicatorsTrend AnalysisUSD
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