EUR-USD - Why I am Short on this - FULL SETUP
EUR-USD is in an important phase, from here it can return above the resistance and go up to 1.11 - 1.12 or it can continue below the resistance from 1.10 and reach 1.090 where it is an important support.
If it will be broken, I have a SHORT order at 1,089 with take profit at 1,068.
The important thing is to close the day under the 1,090 resistance.
Also , look at the RSI, its over bought from many long time, so the demand will be lower if the price will grow after 1.11.
If it will be broken, I have a SHORT order at 1,089 with take profit at 1,068.
The important thing is to close the day under the 1,090 resistance.
Also , look at the RSI, its over bought from many long time, so the demand will be lower if the price will grow after 1.11.