Euro / U.S. DollarShort
EURUSD 4 HR analysis - Short
After the up trend cycle, we have been in a top range cycle. There are a few factors pointing to a potential bearish shift in sentiment:
- price broke and is retesting the 7 week trend line
- price broke and is retesting the 13/21 exponential moving averages
- retest of high volume node
- Coming off triple top supply zone
- Fibonacci cluster demand zone near 1.108 or 100 pip drop
- price broke and is retesting the 7 week trend line
- price broke and is retesting the 13/21 exponential moving averages
- retest of high volume node
- Coming off triple top supply zone
- Fibonacci cluster demand zone near 1.108 or 100 pip drop
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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.