ICFX

RSI channel breakdown

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
EURUSD is repeating the RSI pattern (along with divergence) from the past and is likely to move under 50 SMA. We should see a play around 50 SMA as it was a case in the past. EURUSD did complete the roof breakout by reaching H5. In case of H4 breakouts, price usually returns back to H4.

Top correlation 1 Day

1 EURUSD - EURSGD 94.2%
2 EURUSD - XAGUSD 93.6%
3 EURUSD - EURX 92.8%
4 EURUSD - XAGAUD 92.2%
5 EURUSD - XAGEUR 92.1%
6 EURUSD - EURJPY 90.6%
7 EURUSD - AUDUSD 88.6%
8 EURUSD - CHFSGD 86.7%
9 EURUSD - GBPUSD 86.3%
10 EURUSD - XAUUSD 86.0%

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.