Fx-Nature

EURUSD - sell incoming

Short
FX:EURUSD   Euro / U.S. Dollar
Looks like eurusd has lost upward momentum...

Technically:
- Weekly shooting star
- Weekly candle closing below 1.272+2.618 ext of fibo cross channels

I am expecting pullback toward 0,5-0,618retr area, where we have line 1+1.272ext of fibo channels (1.142-1.151)

I will be posting seperate thread with potential sell setup(swing).

Afterward I am expecting midterm more upward pressure toward golden fibo channels cross ~1.218-1.220

Trade responsibly.

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.