EURUSD 1st 4hour Death Cross in 3 months!
EURUSD formed today the first 4hour Death Cross since February 14th. That alone is a very bearish signal.
Despite Support A, target on a short term basis 1.08100 and the 1day MA100.
Cross under Support B, sell again and target 1.07125 (Support C).
Buy only if the price crosses above the 1day MA100. Target 1.10950 (Resistance A).
Previous chart:
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Despite Support A, target on a short term basis 1.08100 and the 1day MA100.
Cross under Support B, sell again and target 1.07125 (Support C).
Buy only if the price crosses above the 1day MA100. Target 1.10950 (Resistance A).
Previous chart:
Follow us, like the idea and leave a comment below!!
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