Euro / U.S. DollarShort
EURUSD – Two levels with short position potential
On the hourly chart, I marked two levels to enter short position.
- 1.1610 is the recent resistance level, coupled with EMA100 above.
- 1.1640 might be the second rejection level, on which EMA200 stays now.
Stochastic points downside, RSI reversal also to be confirmed.
In the long-term, I still keep my short positions. Above levels might be good rebound locations, where short positions may be added after confirmation.
- 1.1610 is the recent resistance level, coupled with EMA100 above.
- 1.1640 might be the second rejection level, on which EMA200 stays now.
Stochastic points downside, RSI reversal also to be confirmed.
In the long-term, I still keep my short positions. Above levels might be good rebound locations, where short positions may be added after confirmation.
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.
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.