Euro / U.S. DollarShort
EURUSD RSI Divergence to the Downside.
The RSI14 shows a clear Divergence on the EURUSD 1H chart to the downside, after failing to break the previous resistance area (1.1940 - 1.1965) for the 5th time since August. Breaking the trend-line and the support area plus breaking the EMA50 on the 1H chart will show on the pitchfork where the EURUSD might be going. Three black crows is a conformation for a sell trade.
EURUSD
EURUSD
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.