On the 4hr, it looks like the EURUSD pair has run into a wedge which I guess is as a result of the kind of forced breakout it had from the former descending channel it was in. We can also see that the MACD histograms have been decreasing while price was increasing and this is bearish. Let's see how this plays out.
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.