My basic Daily & 4hr chart analysis on the EUR.USD
1. Trendline resistance dating back to 03.05.2016 2. Bearish Daily RSI divergence has formed since 25.04.2017 3. A break and close above 1.100 would invalidate this particular setup 4. If we break the neckline there is a possibility price will retest 1.0750 5. Bearish 4hr divergence is now starting to form
Although the analysis is very basic i will know more into this evening once we see a daily candle close.
Not
Now we have broke and closed above 1.100 there are 2 available opportunities which both are pattern setups.
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