EURUSD Bullish divergence and Oversold
EURUSD trades above Tenken-sen (1.09019) and below Kijun-Sen (1.09638).
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish
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.