Euro / U.S. DollarShort
EURUSD Heavy rejection on the 1day MA100.
The EURUSD pair got rejected today exactly on the 1day MA100, touching it for the first time since March 21st.
That took place very close to the Falling Resistance of the Bearish Megaphone pattern, which adds more selling pressure on it.
The ssell signal will be confirmed once the 4hour RSI crosses under its MA trend line.
Sell and target 1.07230 (top of Support Zone A).
Previous chart:
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That took place very close to the Falling Resistance of the Bearish Megaphone pattern, which adds more selling pressure on it.
The ssell signal will be confirmed once the 4hour RSI crosses under its MA trend line.
Sell and target 1.07230 (top of Support Zone A).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.