Euro / U.S. Dollar
Short

EUR/USD 1 hour chart ending diagonal

Hello Traders, it look like EUR/USD uptrend is coming an end, price has been rejected several times from march 20 high (Resistance level now) and it also looks like an ending diagonal pattern it's on the way which tipically are formed on wave 5 or waves C . RSI and Stochastic are showing divergence indicating a possible reversal. for this analysis to be valid we will be looking for a break out below ending diagonal pattern support line

Disclaimer