SHORT on 30 Mins
EURUSD is in the 1.1340-1.1360 range sideways. The resistance is at 1.1370 in short term. However, the space of dropping is limited. Because the RSI indicators show it is supported by up-trend line.
The target is 1.1295.
Turning point: 1.1370.
Under 1.1370, bearish , target price is set at 1.1325, then 1.1295.
Above 1.1370, bullish , target price is 1.1390,then 1.1410.
RSI technical indicators are bearish and have a further downward trend.
The target is 1.1295.
Turning point: 1.1370.
Under 1.1370, bearish , target price is set at 1.1325, then 1.1295.
Above 1.1370, bullish , target price is 1.1390,then 1.1410.
RSI technical indicators are bearish and have a further downward trend.
Note
TP1 reached.
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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.