EURUSD is at the resistance level and has been carrying along with the trendline.
With DXY retesting the support level and continuing the bearish momentum, it seems to be gathering load to breakthrough the current resistance level.
RSI indicates a divergence in bullish trend.
Likely to restest the 1.27120 support level upon rejection from the resistance.
With DXY retesting the support level and continuing the bearish momentum, it seems to be gathering load to breakthrough the current resistance level.
RSI indicates a divergence in bullish trend.
Likely to restest the 1.27120 support level upon rejection from the resistance.
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.