Euro / U.S. DollarShort
EURUSD: Short From Overlap Resistance
Price is rising toward the overlap resistance level
Which also aligns with the 50MA
A rejection from this level will give us a double-top
Formation which might lead the price to drop
To the support level
I'm bearishly biased
Which also aligns with the 50MA
A rejection from this level will give us a double-top
Formation which might lead the price to drop
To the support level
I'm bearishly biased
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.