This pair has run up again to a strong sell zone (also the top of a rising wedge). The MACD and AO are starting to show divergences, but as highlighted, there is no confirmation yet.
134.500 is a huge support from the weekly chart dating back a few years, while 135.300 is more of a daily resistance, but you can see it also on the weekly chart.
Today we have a hanging man, a reverseal pattern.
Target of the correction is around 131 - 132.
Comments
vlad.adrian
⋅
the Euro is really strong, position closed.
i'm now waiting for a retracement to enter long
i'm now waiting for a retracement to enter long