Euro / U.S. DollarShort
#EURUSD: Important Zone🚀
Price has reached a very strong resistance zone after printing higher highs and higher lows for some time
The RSI indicator is also in the overbought territory
I believe market participants would be taking profits from the zone
Which would result in a pullback
I'm bearishly biased
The RSI indicator is also in the overbought territory
I believe market participants would be taking profits from the zone
Which would result in a pullback
I'm bearishly biased
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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.