alexlqi

Bearish Doji on EUR/USD 1H Chart

FX:EURUSD   Euro / U.S. Dollar
We came down and up to the same point in three days. We have a Bearish Doji in 1H chart, probably we are seeing a reversal here, to make a correction right to the next support at 1.22874. The Doji appeared at the resistance level related to the previous down fall before the FED chairman spoke yesterday. Also, Stochastich RSI shows an Overbought condition in this time frame.

That's all for this week, hope you have a nice weekend!
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.