EURUSD Short Opportunity

6 בספט׳ 2020

We have many confirmations why to sell EU. Price is still in high overbought on a higher timeframes so what should we expect ? Price usually in this case come back to retest 50 EMA which nicely fit with a demand zone (blue trendline). We can also see bearish signs on a lower timeframes. Also 20 EMA and 50 EMA on the H4 timeframe are crossed.

6 בספט׳ 2020

הערה

This pair will be influenced by DXY analysis. Check this up to see how we will manage this trade if DXY make SHORT move.