As described in the previous ideas Relative to this pair, the euro having long been in a bearish trend, in recent sessions it has had a realazist rally that found a resistance structure at 1.1900 as a wall made the price rebound, a SHARK model was a further clue to our analysis as the stochastic in clear divergence and overbought. Purchase volumes are now declining and we expect our target price levels to be touched.
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.