Presented is a 1 hr chart sell analysis.
Our key top resistance held strong once again with a strong pivot. We have a clear pathway to retest bottom support zone of .85400.
Our MACD/SIGNAL are initialing a cross to sentiment towards sell continuation. The Euro is currently significantly weak against the sterling in strength and sentiment.
Take profit at presented support and place stop loss above resistance .860000.
Please comment with thoughts and ideas. Thank you.
Our key top resistance held strong once again with a strong pivot. We have a clear pathway to retest bottom support zone of .85400.
Our MACD/SIGNAL are initialing a cross to sentiment towards sell continuation. The Euro is currently significantly weak against the sterling in strength and sentiment.
Take profit at presented support and place stop loss above resistance .860000.
Please comment with thoughts and ideas. Thank you.