Euro / U.S. DollarShort
EUR USD continuation of the downtrend
Looks to me for the resistance of the channel to holding well. I don't see this pair going up anytime soon, we had a little fakeout but nothing to be surprised of.
The RSI indicator now at 57.79 is crossing the RSI MA based to the down. I can think then there still room for bearish sentiment for this pair.
The RSI indicator now at 57.79 is crossing the RSI MA based to the down. I can think then there still room for bearish sentiment for this pair.
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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.