venkatfx

EURUSD is Bearish with Target of 1.08

Short
FX:EURUSD   Euro / U.S. Dollar
In my view EurUsd is showing un winding of long positions, clear distribution signs in price action with strong resistance line holding on with RSI divergence indicating more down side in eurusd this week towards target of 1.08 for any demand to be tested. with crude turning bullish its sure demand for Dollars and Sell in EURUSD for medium term......
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.