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isandhir

$EURUSD BEARISH STANCE

Short
Euro / U.S. Dollar (FX:EURUSD)  
isandhir  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns EURUSD eurusdshort eurusdprediction eurusdforecast Forex short
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trendanalysis indicator chartpattern eurusd eurusdshort eurusdprediction eurusdforecast forex short
Today we take a look at the EURUSD pair. Unlike my previous post (eurodollar), this is a short term bearish stance (4hr)
Justification:
Rejected from resistance
RSI nearing overbought status
MACD ready to correct
Bounced off top of Bollinger Band



This may also play out to be a good long term short for many of the same reasons
Justification:
RSI nearing overbought status
MACD already correcting
Bounced off top of Bollinger Band

Watching closely to enter a position




IKS

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isandhir
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