EUR/USD - short term swing trade before next bigger up wave
Updated
market is within strong up trend after Mr. Trumps speach from last week in reference to 10 % punitive tariffs against china. US stocks and Dollar has lost big value and I expect first a small correction / Dollar strenght before another bigger up wave for EUR/USD pair
-RSI is in heavy overbought area on 1H chart - expect sellers coming into the market within short term
-MACD is in heavy overbought area and near bearish crossing - expect sellers coming into the market within short term
Good luck and a good week to all
-RSI is in heavy overbought area on 1H chart - expect sellers coming into the market within short term
-MACD is in heavy overbought area and near bearish crossing - expect sellers coming into the market within short term
Good luck and a good week to all
Order cancelled
no resistance area has been build - trade cancelled
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