EURUSD Selling possibility
MACD shows double cross within 3 hours that is now turned into selling pattern.
RSI bullish divergence is really obvious also showing sell signal now.
1.24 resistance line bounced down the price that will go to ~1.231.
The channel of 1.231 is strong support that is the main point for selling. Close the position after entering this channel.
However, the line 1.23428 can be first (even main) support that won't let the price go down.
Better to keep this target as an exit or to increase selling position.
RSI bullish divergence is really obvious also showing sell signal now.
1.24 resistance line bounced down the price that will go to ~1.231.
The channel of 1.231 is strong support that is the main point for selling. Close the position after entering this channel.
However, the line 1.23428 can be first (even main) support that won't let the price go down.
Better to keep this target as an exit or to increase selling position.
Feragatname
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