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EURUSD Bearish Divergence calling for sell.
Euro / U.S. Dollar
Short
EURUSD Bearish Divergence calling for sell.
By TheCryptagon
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Sep 25
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Sep 25
EURUSD has so far double topped on the Resistance A level.
At the same time the 1day RSI is on Lower Highs, which is a Bearish Divergence.
The last Bearish Divergence was on the December 28th 2023 high with the rejection that followed extending all the way to the 0.618 Fibonacci level.
We expect a similar sell off, targeting 1.07700 (Fib 0.618).
Previous chart:
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Chart Patterns
EUR
euro
EURUSD
Forex
Technical Indicators
Trend Analysis
USD
DJ FXCM Index
TheCryptagon
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