UnknownUnicorn146071

EURUSD BEARISH Set-up,... H4

Short
FX:EURUSD   Euro / U.S. Dollar
EU is trading bearish at 1.1300 for a LH that failed to make a HH, at that price level.

' RBD-Swing ' influences price 1.1400, - this along with a bearish pressure at -(fx) zone makes 1.1300 for a strong resistance.

The conditions on the price chart are also displayed by the RSX indicator; -there, price is shown as acting below the ' 0' line for a bearish sentiment although the main trend is bullish.

Bearish interests, EU the 4-hourly.
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.