Hello friends today i will show my analysis on Eurusd pair.
We had a very good rally from 1.08 - 1.142 were sellers came in and pushed the price down to 1.125 with strong black candles, (showing the pressure).
- Bearish divergence on RSI, (which means that a reversal is coming or at least a correction which i think that i likely to continue till 0.5-0.618 fib retracement and after that move we will let the market to tell us what it wants to do.
* If you enjoyed please leave a like and follow me *
- CryptonikLion
We had a very good rally from 1.08 - 1.142 were sellers came in and pushed the price down to 1.125 with strong black candles, (showing the pressure).
- Bearish divergence on RSI, (which means that a reversal is coming or at least a correction which i think that i likely to continue till 0.5-0.618 fib retracement and after that move we will let the market to tell us what it wants to do.
* If you enjoyed please leave a like and follow me *
- CryptonikLion