EUR/USD SHORT FROM RESISTANCE
Hello,Friends!
EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.084 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Note
TP in sight so we are being patient!
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✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
✅Contact: @elitetradingsignals_contact
Related publications
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.