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EURUSD 1st 4hour Death Cross in 3 months!
Euro / U.S. Dollar
EURUSD 1st 4hour Death Cross in 3 months!
By TheCryptagon
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May 16, 2023
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May 16, 2023
EURUSD formed today the first 4hour Death Cross since February 14th. That alone is a very bearish signal.
Despite Support A, target on a short term basis 1.08100 and the 1day MA100.
Cross under Support B, sell again and target 1.07125 (Support C).
Buy only if the price crosses above the 1day MA100. Target 1.10950 (Resistance A).
Previous chart:
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Chart Patterns
EUR
euro
EURUSD
Forex
Technical Indicators
Trend Analysis
USD
DJ FXCM Index
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