FX reversal, EURUSD
I am long on the EURUSD after a deceleration at support (DAILY). Price shows signs of overextension on the RSI (DAILY), on the 4hr there is a significant level of divergence in confluence with support level. This data allowed me to set my targets up to the 61.8% if price is to continue lower upon a short term pullback.
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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.